Overview
- Lovo, 37, signed a five-year contract paying $1.2 million annually and will start Jan. 1 with a transition alongside outgoing AD Rick George.
- His deal includes a $600,000 base salary plus $600,000 in supplemental pay, with tiered bonuses for meeting multi‑year fundraising goals.
- Colorado will pay or reimburse the buyout Lovo owes New Mexico, where his contract required 50% of remaining base pay.
- At UNM, he hired football coach Jason Eck and men’s basketball coach Eric Olen, delivered record department revenue, and oversaw strong competitive results.
- Lovo’s résumé spans operations and leadership roles at Florida, Ohio State, Houston, Texas and the NFL’s Jacksonville Jaguars, positioning him to oversee CU’s high‑profile programs including Deion Sanders’ football team.