NEW YORK (SI.com) -- Sports Illustrated has issued the following statement regarding the lawsuit filed by former Alabama football coach Mike Price:

"Mike Price and Sports Illustrated have amicably resolved the lawsuit brought by Mr. Price following publication of the story 'Bad Behavior: How he met his Destiny at a Strip Club' on May 12, 2003. Mr. Price asserts that certain events were falsely reported in the story. Sports Illustrated continues to stand behind its story. Both parties have agreed that the terms of the resolution are confidential."