Former Louisville Cardinals head basketball coach Rick Pitino no longer has a contract with Adidas.
On Monday, Darren Rovell of ESPN passed along a statement from the company: "In light of the decision by the University of Louisville, Adidas has terminated its personal services agreement with Rick Pitino, effective immediately."
Adidas' decision comes after the university's athletics board fired Pitino on Monday following a unanimous vote, per Jeff Greer and Justin Sayers of the Courier-Journal.
This article will be updated to provide more information on this story as it becomes available.