Pitt Athletics announced Thursday that Kevin Stallings would no longer be Pitt’s men’s basketball coach, but details regarding his multi-million dollar buyout are still unclear.
Stallings’ lawyers, Scott Tompsett and Jim Lieber of Tompsett Collegiate Sports Law, said Friday that Pitt offered the former coach a buyout “far less” than the widely reported $7.5 million offer.
According to 93.7 The Fan’s Colin Dunlap, Pitt offered Stallings a reduced buyout of $4.8 million, significantly less than his estimated $9.4 million buyout in his contract. Dunlap added that Pitt planned to fire Stallings with cause if he didn’t accept the buyout.
According to Craig Meyer of the Pittsburgh Post-Gazette, Pitt started building a case to fire Stallings in February after the coach yelled at a Louisville fan who was heckling his players during the Jan. 2 game.
But if Stallings is fired without cause, Pitt will owe Stallings the full buyout, which his lawyers are arguing for.
“Mr. Lieber and I vehemently disagree with reports from unnamed sources that Pitt has cause to terminate Coach Stallings’ contract for cause based on comments Coach Stallings made at the Louisville game over two months ago on January 2, 2018,” Tompsett’s statement read. “It is our position that Coach Stallings is due and owed his full contract buyout.”
Pitt Athletics declined to comment on the matter Friday evening.
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