Louisville fired head coach Bobby Petrino on Sunday, the school annonced. The Cardinals are 2–8 in 2018, losing 54-23 to Syracuse on Friday.
Petrino's buyout is "estimated to be in the $14 million range" per Forde.
"We want to thank Bobby for guiding our football program to some of the better seasons we have had historically at UofL," Vince Tyra, Lousiville's vice president and director of athletics, said in a statement. "However, at this time we feel the program needs different leadership and we owe it to our student-athletes and fans to turn this around.