Pitino is 65. He's made a ton of dough, and very quickly put his Louisville house up for sale - I guess he didn't fall in love with the area. He will be off limits for awhile and may just retire. Like some guys he may just find a school to take him on in a couple of years should he still want to coach at some level.
He loves the area, he's getting out of Dodge because the natives are restless and his life would be miserable there. As much as they loved him before, the locals would put a bulls eye on his back. He's taking his talents and his millions to some as yet unnamed location.
I was told by someone with insight into the situation a while back that while Pitino loves Louisville, his wife never did. Assuming they are even still together (I think they are), maybe she'll have some say on the next destination.
To NYC and to St. John's in 2018 for $3 million. Of course that is a possibility if Mullin has one more losing season.
He would hire Mike Rice as his assistant and Matt would go back to Iowa State to recruit transfers.
Rick wins a national title at his 3rd school and rises from the ashes to restore St. John's to the upper echelon of college basketball.