Michigan AD Manuel to Receive $7.14M Buyout
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Michigan AD Manuel to Receive $7.14M Buyout

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Departing University of Michigan athletic director Warde Manuel will receive a significant financial package as part of his separation from the university. The agreement, detailed in a document obtained by The Associated Press on Monday, includes a $7 million lump sum payment.

The agreement stipulates that Manuel will receive a total of $7,140,693. This figure represents a buyout related to his departure from the athletic director position at the University of Michigan.

Details of why Manuel is leaving were not provided in the report. The Associated Press obtained the document outlining the financial terms of the separation deal on Monday, making the details public.

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