The University of Michigan Board of Regents approved a five-year contract extension for athletic director Warde Manuel on Thursday.
Under the terms of his new deal, Manuel will remain in his post through June 30, 2026, and will have his salary increased to $1.1 million on March 14. He'll also have an opportunity to earn an additional $150,000 each year through incentives. As of December, following an announced 10 percent pay cut this past summer due to the fallout from COVID-19, Manuel received a salary of $940,500.
"I am pleased to recommend the reappointment of Warde Manuel as the Donald R.