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Michigan AD receives $7.14M buyout, resigns 2026, faces two-year ban

7/28/2026

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Story summary
  • Michigan athletic director Warde Manuel will receive a $7.14 million lump-sum payment as part of his contract buyout.
  • He will resign on Dec. 31, 2026 after probes into Sherrone Moore’s relationship and a department investigation, with university buying out three years of his contract.
  • He will retain AD perks, receive a $108,000 retirement contribution and $82,000 attorney fees, and will be barred from Big Ten AD or adviser roles for two years.