Ahh, internet. Your downsides: rumors can run rampant. Your upside: rumors sometimes beget official statements of denial from the parties involved. From Fanhouse, the statement of Louisville senior associate athletic director Kenny Klein.

Klein said the report, which indicated an announcement would be made no later than next Monday, is “completely wrong information.”

“Tom Jurich and Coach Kragthorpe didn’t even speak on Monday in person or by phone,” Klein said.

So there, internet. Rumor dispelled. We’ll all have to wait, then, for the inevitable firing of Steve Kragthorpe. (Because it’s happening with the certainty of gravity, but not on any particular time line, evidently.)

Steve Kragthorpe, a man whose performance as head coach at Louisville has already inspired its own entry in the Urban Dictionary, may already be out as the head coach at Louisville.

According to Louisville Sports Buzz, the Cardinals football coach was invited to the kind of meeting you don't want to be invited to, told what he did not want to be told, and will not be coaching the Louisville football team in 2010. 

The only thing undetermined, according to the report, will be how Kragthorpe will be ousted:

Sources say that Jurich informed his friend that his services will not longer be rendered at the university and gave Kragthorpe the option to resign before or following Saturday’s match-up with Southern Miss - or ride out the season a basically a lame-duck.

Kragthorpe took over a successful Louisville program and has since gone 12-16 with a 4-12 record in Big East play, a case of a team waiting to catch fire under a new coach, catching fire, and then continuing to burn in the bad way for the majority of a little more than two seasons in Louisville. Potential replacements include anyone who can beat a coach in conference not named "Greg Robinson."

It is an internet report, true...but it is not an improbable one by any stretch of the imagination.