MEMPHIS, TN (WMC) - The University of Memphis released a statement regarding their review of the men's basketball program. The statement affirms that head coach Josh Pastner will remain as the coach for the next season.
What those changes are remains to be seen.
It's a joint statement signed by University of Memphis President M. David Rudd and Athletic Director Tom Bowen.
The statement comes with a caveat, basically saying while Pastner runs a clean program, it has fallen short in on-court performance over the last two years.
Pastner has won nearly 70 percent of his games as head coach in the seven years he has been on the job. His program has received four NCAA tournament berths, but the team has missed out on the post season altogether, either NCAA or NIT, the last two years. During that time, the Tigers are just 37-29.
Pastner has an iron-clad contract that will pay him $10.9 million over the next four years, whether he coaches at Memphis or not.
In the midst of the uproar calling for Memphis to fire Pastner, the simple answer would be they couldn't come up with the money. With the carrot of possible inclusion into a Power 5 Conference, like the Big 12, looming on the horizon, the school can't tap its boosters enough to pay off Pastner's $10 million exit fee and get out of the American Athletic Conference.
Bottom line: In the 2016-2017 season, Pastner will return for his 8th season as Tigers bench boss.