St. John’s, ex-coach Mike Anderson settle financial dispute after firing

St. John’s and erstwhile coach Mike Anderson person travel to an statement to settee their financial dispute, according to a connection released by some sides.

“The parties person amicably resolved their dispute,” nan connection read. “They wish each different thing but nan champion successful their early endeavors.”

Anderson was fired aft 4 seasons without an NCAA Tournament bid successful March of 2023, and replaced by Rick Pitino.

The schoolhouse initially terminated him “with cause,” which would person allowed it not to salary him nan money near connected his contract. 

Former St. John’s Red Storm caput coach Mike Anderson during a crippled against nan Marquette Golden Eagles successful March 2023. Charles Wenzelberg / New York Post

St. John’s said successful Anderson’s termination missive that nan past 63-year-old grounded “to create and support an situation that powerfully encourages student-athletes who are successful nan men’s hoops programme to meet each assemblage world requirements.” 

The schoolhouse besides said it was firing Anderson for “failure to execute your duties and responsibilities successful a mode that reflected positively connected St. John’s University … successful actions [that] brought superior discredit” to nan university, on pinch a “failure to appropriately supervise and pass pinch your adjunct coaches.” 

Anderson’s attorney, John Singer of Singer Deutsch, filed a “notice of arbitration” seeking nan $11.4 cardinal remaining connected his contract, positive $34.2 cardinal successful “punitive” damages.

Anderson claimed successful nan suit that St. John’s was already having superior talks pinch Pitino erstwhile he was fired. 

But now some parties person travel to an statement and person decided to move on.

The nonstop financial specifications are chartless astatine nan moment.

Head coach Mike Anderson of nan St. John’s Red Storm directs his squad successful nan 2nd half during an NCAA hoops crippled astatine Carnesecca Arena connected nan St. John’s field connected November 12, 2022. Paul J. Bereswill

Singer, Anderson’s attorney, declined immoderate further remark erstwhile reached by The Post.

Asked if Anderson received nan $11.4 cardinal he was owed by St. John’s, Singer said nan statement was confidential.