| |
| |
Arkansas Coach John L. Smith To File For Bankruptcy
John L. Smith always believed real estate development was the safest investment of all, saying "you may not make money, but you won't lose money." The Arkansas coach has had to rethink that philosophy in recent years after several of his land deals went bust in Kentucky. Smith told The Associated Press that he is making plans to declare bankruptcy, perhaps during the upcoming season. "There have been some sleepless nights trying to get this resolved," Smith said. "There comes a point in time where you say `Enough is enough,' and I want it cleaned up and whatever we have to do, we have to do." Smith, also a former coach at Michigan State and Louisville, was hired in April to replace Bobby Petrino, who was fired after revelations that he had hired his mistress to a position in the football department and given her $20,000 in gifts. Smith was an Arkansas assistant for three seasons under Petrino before leaving in December to become the coach at his alma mater, Weber State. Source AP |
| |
Connect with Facebook
Linear Mode
