FIRED LOBO MEN’S BASKETBALL COACH CRAIG NEAL HAD THREE YEARS LEFT ON HIS CONTRACT WHEN HE WAS FIRED LAST FRIDAY NIGHT. NOW THE UNIVERSITY OF NEW MEXICO OWES NEAL A BUYOUT OF MILLION DOLLARS.
THE ALBUQUERQUE JOURNAL REPORTS UNM COMPLETED LAST YEAR WITH 1-AND-A-HALF MILLION DOLLARS MORE IN EXPENSES … BUT THE SCHOOL’S CHIEF OPERATING AND FINANCIAL OFFICER TELLS THEM HE DOESN’T ASSUME UNM WILL COME UP SHORT FOR THIS YEAR.
THE JOURNAL SAYS NEAL’S MILLION DOLLAR BUYOUT WILL BE COVERED BY ATHLETICS AND BE PAID IN 24 MONTHLY INSTALLMENTS.
