Indiana gives Dakich $185,000 settlement

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Indiana basketball coach, Dan Dakich

Indiana assistant coach Dan Dakich gives instructions during a basketball game in Bloomington, Ind., in this Saturday, Feb. 16, 2008, file photo. Dakich was named interim head coach Friday, Feb. 22, after coach Kelvin Sampson agreed to a $750,000 buyout with the school. (AP Photo/Darron Cummings, File)

By Beth Boehne

Story Created: May 15, 2008 at 5:43 PM EDT

Story Updated: May 15, 2008 at 5:43 PM EDT

BLOOMINGTON, Ind. (AP) — Indiana University has reached a financial settlement with former interim coach Dan Dakich, paying him the $185,000 he was scheduled to earn next school year.

IU spokesman Larry MacIntyre confirms the deal, saying Dakich was owed a base salary of $110,000 with a supplemental bonus of $75,000.

Dakich replaced Kelvin Sampson after the NCAA accused Sampson of five major rules violations in February. The university gave Sampson a $750,000 buyout.

Dakich, who played for former IU coach Bob Knight and later was an assistant under Knight, went 3-4 in the Hoosiers' final seven games and lost in the first round of the NCAA tournament to Arkansas.

He has said he hopes to coach elsewhere next season.

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