The University of Louisville and men’s basketball coach Chris Mack have officially parted ways. As expected, assistant men’s basketball coach Mike Pegues will serve as interim head coach for the remainder of the season.
After a negotiation, U of L will pay Mack $4.8 million of a buyout that had been set at $12.75 million.
“Coaching transitions are always difficult, especially during the course of the season, but Chris and I agreed that it is in the best interests of our student-athletes that he step aside immediately,” said interim U of L athletic director Josh Heird in a statement.