Huggins termination agreement is signed

Bob Huggins is one step closer to being officially unemployed.

Richard Katz, the attorney for Huggins, told ESPN.com's Andy Katz that he signed off on Huggins' contract, which will pay the former coach a $3.1 million buyout. The university still must sign off on the deal.

According to the Cincinnati Enquirer, Huggins will be paid $110,000 per month until Nov. 30.

One of the items in the buyout apparently calls for Huggins to assist in recruiting and developing strategy for recruits. But Huggins doesn't plan to have a hands-on role with the university; Huggins will continue to act as a sounding board for interim coach Andy Kennedy, but Huggins isn't expected to assist in recruiting. He won't be on campus, but there are no parameters as to where he can and cannot go on campus.

The only hitch for Huggins in the buyout is that he can't disparage the university or its leadership. Richard Katz said Huggins wants to coach again, which would mean that in March he could be riding the coaching carousel as jobs become open.

Kennedy was hired as interim head coach on Aug. 26. Two days earlier, Huggins quit after the school informed him he would be fired if he didn't resign.

Kennedy had been Huggins' top assistant and served as recruiting coordinator the past four years. Before that, he spent five years as an assistant at UAB, where he is the school's No. 2 career scorer.

Meanwhile, outgoing athletic director Bob Goin will step down on Jan. 1 so his successor can evaluate the program before searching for a permanent replacement for Huggins, spokesman Tom Hathaway said. Goin, who alluded in August that he would leave his position early, was expected to retire as AD on June 30. He will take another job with the university for the final six months of his contract, Hathaway said.

Huggins led Cincinnati to No. 1 rankings, a Final Four and 14 consecutive NCAA Tournament appearances during his 16 seasons at Cincinnati. But the image of the program took a hit from numerous player arrests over the years and violations that drew NCAA-ordered probation, during Huggins' tenure.

Kennedy said he had mixed emotions about taking over for Huggins.

"We're all dealing with this as best we can," Kennedy said. "We're not going to lie down, I assure you, tomorrow. We are not going to forfeit this season. We're going to do what we came here to do, and that's push forward."

Kennedy said he knew when he accepted the job that he could have a brief tenure.

"I'm the interim head coach," he said. "That means today, and I guess the rest is up to debate."

Information from The Associated Press was used in this report.