University of Minnesota fired men's basketball coach Tubby Smith Monday, news sources reported.
After coaching the men's basketball team Smith was fired Monday by the University of Minnesota after failing to make the program more successful Athletic Director Norwood Teague said to Star Tribune.
The University must buy out Smith because of the renewal of his contract last July, which will cost the University $2.5 million, Star Tribune reported.
In addition Smith will also be paid $250,000 in retirement and $450,000 in salary for the next three months, MN Daily reported.
Smith has the Gophers with a record of 46-62 in the Big Ten with no winning conference seasons, which Teague said lead to Smith's termination, MN Daily reported.
The decision to fired Smith was for the future of the University of Minnesota "something we feel like will propel us," Teague said to the Star Tribune.