Tom Penders is out as head basketball coach at the University of Houston.
A college basketball source told me that in a meeting with UH Athletic Director Mack Rhoades today, the 64-year-old Penders was given the option of being reassigned within the athletic department, resign or be fired. Penders has chosen to resign.
A press conference has been scheduled for Monday to make the announcement.
Rhoades has hired Laurie Wilder of Parker Executive Search to reach out to potential candidates for the job. That process is currently underway. Perhaps not coincidentally, Parker Executive Search is the same firm that placed Rhoades at Houston.