By Daniel Libit
In July 2014, the same month the University of New Mexico gave Craig Neal a $200,000 raise, the university also entered into a “Memorandum of Agreement” with its basketball coach that stipulated how he would return $123,710.83 he had been inadvertently overpaid. Continue reading “How UNM Recouped Neal’s Overpayments”
By Daniel Libit
In 2012, then-ESPN.com reporter Andy Katz wrote a story about then-UNM men’s basketball coach Steve Alford and his well-compensated skipper, Craig Neal.
“I pay him too much,” Alford jokingly said of Neal, who made $300,000 at the time as the Lobos’ top assistant.
Said Neal: “(Alford) does pay me too much and it makes it hard for me to leave.”
The funny thing (if heedless public spending is your kind of humor) is that when Alford left to UCLA, and Neal was promoted as his replacement, UNM actually did overpay him. By quite a lot. Continue reading “UNM Keeps Overpaying its Coaches by Accident”
By Daniel Libit
The Office of the New Mexico State Auditor has formally notified the University of New Mexico of its intent to take a long, hard look into the finances of Lobo sports, according to a document obtained by NMFishbowl.com.
On Wednesday, State Auditor Tim Keller sent a letter to UNM Interim President Chaouki Abdallah, informing him that OSA had designated UNM and its component units for ‘Special Audit’. Keller wrote this determination came after his office had received “information raising concerns related to athletic fundraising activities and expenses.” Continue reading “BREAKING: Lobos Tagged with ‘Special Audit’”
NMFishbowl.com 