According to a document obtained by The Associated Press on Monday, Warde Manuel, the athletic director at Michigan, will get a lump sum payment of $7.14 million as part of his severance agreement with the institution.
Manuel will retire at the end of 2026 after the school announced on July 20 that it will buy out the final three years of his contract.
After an examination into the athletic department and into the relationship between former football coach Sherrone Moore and his executive assistant, Manuel consented to resign.
Manuel will have benefits as a former athletic director, including golf privileges and tickets to Michigan games, in addition to the compensation. Benefits of being a former athletic director include golf privileges and tickets to Michigan games.
Additionally, the institution agreed to pay his $82,000 legal fees and contribute $108,000 to his retirement account.
Manuel consented to stay on staff at the university until his voluntary retirement on December 31, at which point his resignation will be noted in his personnel file. Additionally, he committed to refrain from serving as a senior athletic adviser or athletic director for any Big Ten school for two years following his resignation.
Manuel is not penalized for taking a job outside of the Big Ten. A request under the Freedom of Information Act led to the deal.
