Following the releasing the joint statement, Pitino sent his own:

“Today I move on to a new chapter in my life. Against my lawyer’s advice I’m dropping my lawsuit with ULAA. I am very proud of the many accomplishments my teams achieved at Louisville. I’m so thankful and honored to coach such dedicated athletes.

“I’m also disappointed in how it ended. But as head coach I am held responsible for the actions of all team members.

“I still have so much passion for the game and so many goals I want to achieve. From this day forward I start my climb.”

Pitino, a Naismith Memorial Basketball Hall of Fame coach, led Panathinaikos to the championship in the Greek League this summer and has said he wants to return to the full-time pursuit of a job in the NBA as a coach or in a player-personnel or advisory role.

Good luck with that Rick.  

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