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Louisville won’t fire Kenny Payne midseason; school reportedly swimming in debt

Kenny Payne is sticking with the Cards, for now.

Pepperdine v Louisville Photo by Andy Lyons/Getty Images

Leading into Thursday’s Kentucky Wildcats vs. Louisville Cardinals matchup, many thought Kenny Payne would be fired if his team had another poor showing.

The poor showing certainly came, as Kentucky raced out to a 20-point halftime lead and went into cruise control the rest of the way en route to one of the biggest beatdowns in Yum Center history.

However, Louisville won’t be parting ways with Payne, at least not yet.

According to WDRB’s Eric Crawford, athletics director Josh Heird has opted to keep Payne employed for the time being.

“Kenny and I have had a number of conversations throughout the last week, and Kenny is going to serve as our head coach as we move into the new year,” Heird told Crawford. “And I’m going to do what I do with every one of our programs, which is evaluate what’s happening throughout the season.”

So, why exactly is Louisville keeping Payne when it’s really a matter of when, not if he’s fired?

According to Trilly Donovan, the school is swimming in debt right now, largely due to recent coaching buyouts and recent facility upgrades. There’s also no realistic interim coach to name in Payne’s place (Nolan Smith weeps).

Ouch.