The Actual News

Just the Facts, from multiple news sources.

Michigan athletic director Warde Manuel will receive a $7 million lump sum in his separation deal

Michigan athletic director Warde Manuel will receive a $7 million lump sum in his separation deal

Summary

Michigan athletic director Warde Manuel will receive a $7.14 million lump sum as part of his separation deal with the university. He will step down at the end of 2026 after the university bought out the remaining three years of his contract following investigations in the athletic department.

Key Facts

  • Warde Manuel’s separation deal includes a $7.14 million lump sum payment.
  • The University of Michigan announced on July 20 that it would end Manuel’s contract early.
  • Manuel will leave his position as athletic director at the end of 2026.
  • His stepping down follows probes into the athletic department and former football coach Sherrone Moore’s relationship with an executive assistant.
  • Manuel will keep some former athletic director benefits, like tickets to Michigan games and golf privileges.
  • The university will add $108,000 to Manuel’s retirement account and pay $82,000 for his attorney fees.
  • Manuel will remain employed until he voluntarily resigns on December 31, 2026, and his personnel record will show a resignation.
  • He agreed not to work as an athletic director or senior adviser for any Big Ten school for two years after resigning but can work outside the Big Ten without penalty.
  • The full separation agreement was obtained through a Freedom of Information Act request.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.