It was recently reported by the Commercial Appeal that John Calipari, University of Memphis former head basketball coach, and Derrick Rose, University of Memphis former basketball star, settled a pre-litigation complaint set forth by University of Memphis season ticketholders.  According to the settlement agreement, Calipari and Rose contributed $100,000.00 to resolve the dispute.  The unknown season ticketholders were allegedly deceived into purchasing season tickets during the 2009-10 basketball season and making donations to the Tiger Scholarship Fund.  Following the University of Memphis’ run to the Final Four, the NCAA Committee on Infractions vacated the run as a result of alleged academic misconduct by superstar Derrick Rose.  Calipari also agreed to donate $232,000.00 to the University of Memphis scholarship fund.  This amount corresponds with the bonus he received for the run to the Final Four.

For any questions, feel free to contact Christian Dennie at cdennie@bgsfirm.com.