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Nutt reaches settlement with Ole Miss

The University of Mississippi and former football coach Houston Nutt say they have reached an agreement to resolve Nutt's lawsuit against the school.

The parties released a joint statement on Monday afternoon. The Rebels' former coach — who led the program from 2008 to '11 — was alleging a breach of his severance agreement because of false statements he said school officials made during an ongoing NCAA investigation into rules violations by the football program.

The initial federal lawsuit was filed in July during Southeastern Conference football media days. It was eventually dismissed, but refiled in state court last week.