FAYETTEVILLE, ARKANSAS - Arkansas is beginning a search for a new head basketball coach. <br>
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The school is buying out the last six years of Nolan Richardson's contract, and assistant Mike Anderson takes over as interim coach. <br>
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The school will pay Richardson up to a half million dollars a year in the buyout. <br>
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Richardon took three Arkansas teams to the NCAA Final Four, and his 1994 club won the national championship.