Warde Manuel, the director of athletics at the University of Michigan, is set to step down at the end of the calendar year. As part of his resignation agreement, he will receive a buyout payment of $7 million.
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Michigan Athletic Director Warde Manuel to Receive $7 Million Buyout Upon Resignation
Warde Manuel, the Michigan director of athletics, will resign at the end of the year and will receive a $7 million buyout. The resignation follows an investigation, although details of the probe have not been disclosed.
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Michigan AD Warde Manuel receiving $7 million buyout after stepping down as result of probe
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Michigan Athletic Director Warde Manuel to Receive $7 Million Buyout Upon Resignation