By Mike Jones
FORT WORTH, Texas - Oklahoma athletics director Joe Castiglione has confirmed that basketball coach Jeff Capel was fired Monday morning, as a source with knowledge of the situation had told the Fort Worth Star-Telegram.
"After careful consideration, it has been determined that our men's basketball program would be best served by a change of direction," Castiglione's statement read. "Therefore, we are making a change in the head coaching position.
"Jeff Capel has worked diligently on our behalf, and for that we are appreciative. He has many outstanding qualities and we wish him success as he moves forward.
"As we look to the future, we do so with a great university, a proud tradition in basketball, continued commitment to excellence in all areas and some of the country's finest facilities. We expect that those qualities will play an important role in our search for a new coach. We're ready to embark on that process."
Capel was met Castiglione Monday morning and was informed he would not be retained after five seasons. He has a contract that runs through the 2016 season. The buyout on paper is approximately $2 million.