Dive Summary:
- University of Colorado Boulder Athletic Director Mike Bohn has reached a settlement agreement with the university regarding the termination of his contract.
- In exchange for his resignation and a promise not to sue the school, Bohn will be paid a total of $918,000 and receive season tickets to University of Colorado football, men's and women's basketball games for the rest of his life.
From the article:
CU Chancellor Philip P. DiStefano said on Tuesday afternoon that he had "accepted the resignation" of Bohn, effective June 3. Later that day, DiStefano named Adele Cecilia “Ceal” Barry the interim director for the university.
"Mike Bohn led CU-Boulder athletics in a time of great transition and change," said DiStefano in a statement. "We are grateful to him for his vision, passion and commitment, and for his key role in revitalizing men’s and women’s basketball, helping us to join the Pac-12 Conference, and in taking important steps to upgrade athletic facilities at CU-Boulder. We wish him well."