BREAKING: Louisville Fires Head Basketball Coach Rick Pitino

LOUISVILLE, KY – NOVEMBER 29: Rick Pitino the head coach of the Louisville Cardinals givees instructions to his team during the game against the Southern Mississippi Golden Eagles at KFC YUM! Center on November 29, 2013 in Louisville, Kentucky. (Photo by Andy Lyons/Getty Images)

According to a report, Louisville has fired head basketball coach Rick Pitino. The news was first reported by television reporter Kent Taylor of WAVE-TV in Kentucky. Taylor just tweeted the following:

**UPDATE: Pitino’s lawyer, Steve Pence, told the Louisville Courier-Journal that Pitino had been placed on administrative leave but that he was “effectively fired.”

A 1pm press conference has been scheduled.

More on this as it develops…