Departing Michigan athletic director Warde Manuel will receive a $7 million lump sum payment as part of his separation deal, according to a document obtained Monday.
The agreement outlines the financial terms tied to Manuel’s exit from the university’s athletic department. The lump sum payment is the central figure disclosed in the separation document.
Manuel’s departure marks a significant administrative change for Michigan athletics, a department with a prominent national profile across major college sports, including basketball and football.
Separation Terms Disclosed
The document specifies that Manuel will receive the $7 million payment as part of the buyout arrangement. No additional details beyond the disclosed separation terms were included in the original report.