Tom Jurich was the nation’s highest-paid athletics director, but after Louisville fired him Wednesday, it looks like the university could stand to lose money.
Tim Sullivan of the Louisville Courier-Journal reported Friday that Max Baumgardner, a Louisville donor, instructed his attorney to change the terms of his charitable trust, which would have allocated roughly $6.3 million to Louisville athletics.
Now, the athletics department is to get nothing.
Baumgardner made clear that his decision is in protest of the Louisvill Board of Trustees voting 10-3 to fire Jurich, saying “it’s the only thing in my anger that I could think to do.”
“I didn’t think (Jurich) deserved to be fired,” Baumgardner told Sullivan. “I think he got caught up with a ‘new broom sweeps clean’ sort of attitude.”
Baumgardner also said he was not thrilled that the school fired former basketball coach Rick Pitino, though he said he “understood why they had to” fire Pitino.
Several prominent donors publicly stated their desire for Jurich to be retained while he was on administrative leave, but Baumgardner is believed to be the first to actually withdraw a pledged donation from the athletics department.
Baumgardner told Sullivan that he does worry that in his anger with the Board of Trustees, whom he called “powerful, narrow-minded people,” he is inadvertently hurting the wrong people. That said, Baumgardner said he is unlikely to change his mind.
“They can’t persuade me,” he said. “I doubt they’ll try.
The post Louisville donor reportedly pulling $6 million pledge to athletics due to Tom Jurich’s firing appeared first on Diehards.
Thank you for reading the Springfield News-Sun and for supporting local journalism. Subscribers: log in for access to your daily ePaper and premium newsletters.
Thank you for supporting in-depth local journalism with your subscription to the Springfield News-Sun. Get more news when you want it with email newsletters just for subscribers. Sign up here.