Mizzou reaches settlement with former AD Reed-Francois

COLUMBIA, Mo. (First Alert 4) - Mizzou has reached a settlement with former athletic director Desiree Reed-Francois, the university announced Wednesday.
Reed-Francois was AD from 2021-2024 and left for her alma mater, Arizona, earlier this year. She still had time left on her contract. The settlement announced Wednesday calls for her to pay Mizzou, which will receive $2 million, which includes a lump sum of $1.5 million.
A statement from the university is below:
The University of Missouri today announced that it has reached an agreement with its former athletic director, Desiree Reed-Francois to compensate the university for her departure. The agreement calls for Mizzou to receive $2 million including an immediate lump sum payment of $1.5 million, in lieu of small monthly installments over the next 52 months. We wish her all the best in her new role. We couldn’t be more thrilled to have our new leader in place, building a top athletic program in the SEC and capitalizing on the momentum our Tigers are achieving.
Copyright 2024 KMOV. All rights reserved.