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Louisville coach Rick Pitino releases statement on FBI investigation

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Someone with U of L basketball speaks.

NCAA Basketball Tournament - Second Round - Michigan v Louisville Photo by Joe Robbins/Getty Images

It’s worth noting that this statement was released through Rick Pitino’s attorney, Steve Pence, and not through the University of Louisville.

These allegations come as a complete shock to me. If true, I agree with the U.S. Attorney’s Office that these third-party schemes, initiated by a few bad actors, operated to commit a fraud on the impacted universities and their basketball programs, including the University of Louisville. Our fans and supporters deserve better and I am committed to taking whatever steps are needed to ensure those responsible are held accountable.

With rumors swirling of a “big announcement” coming either tonight or (more likely) tomorrow morning, it’s understandable why Pitino felt the need to make a public statement when he did. My guess, though, is that it’s not going to have much bearing on whatever is or isn’t going to happen in the next 24 hours.

I suppose we’ll all find out soon enough.