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Rick George has done a phenomenal job in his time as Colorado athletic director. One only needs to look at the new facilities to see clear evidence of that. Now the CU Board of Regents has decided to reward George by awarding him with a three-year contract extension and a $754,314 per year raise.
CU regents voted 9-0 to approve the contract extension and raise for AD Rick George, extending his deal through June 30, 2021. #cubuffs
— Brian Howell (@BrianHowell33) June 16, 2016
George's new deal includes bonuses if FB attendance averages 42,000 and MBB attendance averages 9,800. #cubuffs
— Brian Howell (@BrianHowell33) June 16, 2016
In previous contract, George had the same bonuses, but FB attendance needed to avg. 50,000 and MBB needed to average 10,750. #cubuffs
— Brian Howell (@BrianHowell33) June 16, 2016
George was brought in for his ties to the University, his professional experience and his expected fundraising prowess and he hasn't disappointed. According to BuffZone, George's base salary ranks second among the 10 public Pac-12 Universities.
Congrats, Rick.