June 16th, 2019 | by CollegeAD

The University of Colorado system Board of Regents approved the contract for athletic director Rick George Friday morning, 6-2, but some criticized the large amount of funds that go toward athletics. The approved five-year contract for George — which begins July 1 and runs through June 30, 2024 — includes an $850,000 base salary, as well as several supplemental benefits. He will receive $3,500 in sponsorship support, $8,400 for a country club membership, a $7,200 courtesy car stipend and eight season tickets for football games, as well as eight season tickets for all other University of Colorado Boulder home games. He can also receive incentive funds of up to $995,000 for meeting academic, fundraising and attendance goals. George became athletic director in 2013, and was the highest paid administrator in the history of the school at the time with a base salary of $700,000. -Madeline St. Amour, denverpost. Read More.

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