Michigan AD Warde Manuel to receive $7.1 million buyout after resignation as part of settlement, per report
Michigan is set to pay outgoing Athletic Director Warde Manuel a $7.1 million buyout following his resignation.
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The brief
University of Michigan Athletic Director Warde Manuel will receive a buyout exceeding $7 million as part of a settlement following his resignation. Coverage from CBS Sports, ESPN, the Detroit Free Press, MLive.com, and The Detroit News emphasizes the specific financial terms of the departure deal, with CBS Sports reporting the exact figure at $7.1 million.
Future developments center on the finalization of the settlement and the university's transition following Manuel's departure.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 14m ago.
Quick answers
How much is Warde Manuel receiving in his buyout?
Reports indicate he will receive more than $7 million, with CBS Sports specifying the amount as $7.1 million.
Why is the payment being made?
The payment is part of a settlement following his resignation as Athletic Director.
Which outlets are reporting this news?
The news is being reported by CBS Sports, ESPN, the Detroit Free Press, MLive.com, and The Detroit News.
Coverage (5)
- Michigan to pay Warde Manuel more than $7 million as part of buyout Detroit Free Press · 1d ago
- Warde Manuel buyout: Here’s what Michigan is paying the outgoing AD MLive.com · 1d ago
- Exclusive: Warde Manuel's buyout details with Michigan revealed The Detroit News · 1d ago
- Report: Michigan AD Warde Manuel to get $7M in departure deal ESPN · 1d ago
- Michigan AD Warde Manuel to receive $7.1 million buyout after resignation as part of settlement, per report CBS Sports · 1d ago
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