From Austin Statesman:http://www.statesman.com/blogs/content/sharedgen/blogs/austin/bohls/entries/2011/03/14/9_things_and_1.html?cxntfid=blogs_bohl_games"If Texas Tech hasn’t already done it, the school should hire Billy Gillispie immediately before Arkansas or another school does it first. The Red Raiders might worry about his personal baggage, but they should insist he sign an ironclad contract that could terminate him for cause without pay and make him agree to a huge buyout if he gets wanderlust. There isn’t a coach who will put fannies in the seats. Bobby Knight didn’t after a while, but Gillispie is a terrific recruiter and better X’s and O’s coach."
From Wikipedia As to Gillispie:Firing Gillispie was fired as the Wildcats' head coach on March 27, 2009. The University of Kentucky's administration has continually indicated that the reasons for terminating Gillispie's employment are not related to the performance of Gillispie's teams, but rather was due to an "'incompatibility' between the school" and Gillispie which specifically manifested itself in the former coach's refusal to sign his contract since his hire two years earlier.
[edit] Lawsuit and settlementOn May 27, 2009, Gillispie filed a lawsuit against the University of Kentucky Athletic Association for breach of contract and fraud stemming from the firing. The suit was filed in Gillispie's home state of Texas, in the United States District Court for the Northern District of Texas.Gillispie was seeking $6 million, the amount he claimed the university owed him on the remaining years on the deal, punitive damages, attorney fees, and a jury trial. The next day, the university filed a countersuit against Gillispie in Franklin Circuit Court in Frankfort, Kentucky's state capital. In the countersuit, UK sought a judge's order that Gillispie's memorandum of understanding was not a formal contract. On October 13, 2009, UK and Gillispie agreed to settle the dispute. Under the agreement, Gillispie will get $2.98 million while UK will pay over $265,000 in mediation costs.