Thursday, July 24th, 2008
Sampson Resigns, Receives $750,000 Buyout
Last updated on Saturday, February 23, 2008
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(BLOOMINGTON) - Kelvin Sampson is no longer Indiana University’s head basketball coach.
Sampson resigned Friday in the wake of NCAA recruiting violations. He won't walk away empty handed though. Sampson accepted a $750,000 dollar buyout - which prevents him from suing the school.
$550,000 dollars of that buyout comes from an anonymous donor.
Assistant Coach Dan Dakich will take over on an interim basis while IU searches for a new head coach.
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