Report: Vanderbilt parting ways with Jerry Stackhouse

(Photo credit: Nelson Chenault-USA TODAY Sports)
Vanderbilt plans to sever ties with men's basketball coach Jerry Stackhouse, CBS Sports reported Thursday.

The former NBA star's buyout figure with the Commodores is believed to be more than $15 million, per the report.

Vanderbilt finished 9-23 this season, including 4-14 in the Southeastern Conference. The season ended Wednesday night with a 90-85 overtime loss to Arkans