Colorado University Athletics
George, Head Coaches To Take Pay Reductions For Fiscal 20-21
April 23, 2020 | General
BOULDER — University of Colorado Athletic Director Rick George announced Thursday that he, along with CU's 11 head coaches, will take voluntary pay reductions for the upcoming fiscal year to help mitigate budget impacts of the COVID-19 pandemic.
George's salary will be reduced by 10 percent, as will the salaries of three head coaches, Karl Dorrell (football), Tad Boyle (men's basketball) and JR Payne (women's basketball). The remaining eight varsity head coaches will have their salaries reduced by five percent.
"I applaud our head coaches for taking a leadership role in this," George said. "It's the right thing for all of us to do. There are a lot of unknowns ahead of us, and while we don't exactly know yet the financial impacts for the upcoming year, for them to agree and voluntarily take pay cuts is important at this time for our student-athletes and the overall direction of all our sports programs and support areas."
University President Mark Kennedy, the four CU campus chancellors, and the CU Boulder provost and chief operating officer are taking pay reductions as well.
George's salary will be reduced by 10 percent, as will the salaries of three head coaches, Karl Dorrell (football), Tad Boyle (men's basketball) and JR Payne (women's basketball). The remaining eight varsity head coaches will have their salaries reduced by five percent.
"I applaud our head coaches for taking a leadership role in this," George said. "It's the right thing for all of us to do. There are a lot of unknowns ahead of us, and while we don't exactly know yet the financial impacts for the upcoming year, for them to agree and voluntarily take pay cuts is important at this time for our student-athletes and the overall direction of all our sports programs and support areas."
University President Mark Kennedy, the four CU campus chancellors, and the CU Boulder provost and chief operating officer are taking pay reductions as well.
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