There are calls for the Cardinals' head coach to resign.
Louisville has denied having any involvement in the FBI's fraud and corruption investigation into college basketball.
"We have no idea about any of this stuff," the Cardinals said in a statement.
According to documents from the FBI's investigation, though, the writing appears to be on the wall for Rick Pitino's program.
There are now calls for the legendary head coach to resign.
The FBI is holding a press conference at noon. We should know more about the scandal then.