US EditionPublished • loading... • Updated
Fernando Lovo Named Athletic Director for Colorado University After One ...
Fernando Lovo, 37, joins CU with a $1.2 million annual contract and aims to manage a budget deficit amid evolving college athletics, per CU officials.
- On Monday, the University of Colorado announced Fernando Lovo as the seventh full-time athletic director after the CU Board of Regents unanimously approved his five-year contract paying $1.2 million annually.
- Rick George, the longest-tenured CU athletic director, is stepping away after 13 years and will shift to an emeritus and advisory role as CU Athletics navigates new eligibility and NIL rules.
- Lovo's résumé spans major programs including the University of Texas, Ohio State and a stint with the Jacksonville Jaguars, while UNM finished 49th in the Learfield Director's Cup with eight Mountain West titles and 17.6% budget growth.
- CU will cover Lovo's buyout owed to New Mexico, obligating funds immediately under UNM terms requiring 50% of his remaining salary, nearly $800,000, while he faces a projected CU athletic department budget deficit.
- Tied to a shifting college-athletics landscape, Lovo's contract links pay to fundraising and program metrics, including $200,000 incentive payments for raising $25 million by June 30, 2026, with academic, attendance and competitive incentives.
Insights by Ground AI
36 Articles
36 Articles
Who is Fernando Lovo's Wife, Jordan Lovo? All About Colorado AD's Partner & Former Ballet Dancer
After a rocky 3–9 season, Colorado needs strong support around head coach Deion Sanders to restore competitiveness and address a $27 million deficit. That’s why the school has taken a strategic step by hiring Fernando Lovo as its new AD, aiming to set the stage for a comeback. Now, as he replaces Rick George in Boulder, he brings a proven pedigree. He’s served as chief of staff for the NFL’s Jaguars and held two key administrative roles at Texas…
Coverage Details
Total News Sources36
Leaning Left12Leaning Right0Center17Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 41%
C 59%
Factuality
To view factuality data please Upgrade to Premium
