Per the Lexington Herald-Leader at Kentucky.com: The University of Kentucky and the UK Athletic Association have settled their contract dispute with former UK men's basketball coach Billy Gillispie. The agreement gives Gillispie $2.98 million. UK also agreed to pay more than $265,000 in legal and mediation fees. Gillispie was seeking more than $6 million for breach of contract and fraud related to his firing two years into a seven-year agreement. The suit was filed in May. Gillispie was fired in March. A university statement announcing the settlement said that UK “will have no further comment on the settlement agreement.”
Walter Cornett, of Glendale, Kentucky, is the owner and operator of Walter's Wildcat World. He founded WildcatWorld.com in 1998 making it one of the oldest Kentucky basketball fan sites in operation today.
On This Day In UK Basketball History
- On February 26, 1949, Cliff Barker hit a shot against Vanderbilt from 63 feet, 7 inches to record the longest field goal ever made by a Kentucky player. The previous record of 53 feet , 9 inches was set by Ralph Beard.
- On February 26, 1991, Kentucky beat the Crimson Tide to win its 200th game in Rupp Arena and became one of two schools (along with North Carolina) to win 1,500 basketball games.