Fernando Lovo Takes Helm as Colorado Buffaloes Athletic Director in Historic Transition

The University of Colorado has officially named Fernando Lovo as its new athletic director. He started his new role on Thursday. The 37-year-old executive arrives from the University of New Mexico.He will work alongside outgoing AD Rick George for a six-month transition period. This unique arrangement ensures continuity for the Buffaloes’ athletic department. According to reporting by BuffZone, the plan is to effectively have two athletic directors working together.

A Seamless Handoff With a Legacy Leader

Fernando Lovo expressed strong enthusiasm for the transition plan. He called Rick George a “titan of the industry.” Lovo’s contract is a five-year deal worth $1.2 million annually.This makes him the highest-paid athletic director in CU history. The contract includes performance incentives. Colorado will also cover his buyout from New Mexico, estimated near $800,000.Lovo’s brief tenure at New Mexico was marked by success. He set new fundraising records for the Lobos. His hire of football coach Jason Eck led to a nine-win season.

Building a New Era in Boulder

Chancellor Justin Schwartz led the national search. He stated the process began with 35-40 candidates. The search committee sought a leader focused on student-athletes and revenue generation.Schwartz expressed full confidence in Lovo’s ability to steward CU Athletics. He highlighted Lovo’s innovative approach and high character. The appointment comes at a pivotal time for college sports.Lovo also offered his full support to head football coach Deion Sanders. He told ESPN that Coach Prime has his “unequivocal support.” Lovo emphasized building trust and alignment with all coaches.

Anthony Joshua Accident Sparks Investigation After Fatal Crash in Nigeria

This leadership transition marks a significant moment for the Colorado Buffaloes. The department aims to build on recent momentum under new guidance. The future of CU athletics now rests with Fernando Lovo.

Info at your fingertips

Who is Fernando Lovo?

Fernando Lovo is the newly hired athletic director for the Colorado Buffaloes. He previously held the same position at the University of New Mexico for one year. At 37, he is a rising star in collegiate athletic administration.

How long will Rick George stay involved?

Rick George will work with Lovo for about six months as part of the transition. His contract as AD expires at the end of June. He is then expected to move into an advisory role at the university.

What is Fernando Lovo’s salary?

Lovo’s five-year contract pays $1.2 million per year. This makes him the highest-paid AD in Colorado history. The deal also includes incentives tied to fundraising and attendance goals.

What did Lovo say about Coach Deion Sanders?

Lovo told ESPN he gives Coach Prime his “full, unequivocal support.” He stressed the importance of being in the “foxhole” with his coaches. Building trust and alignment was his stated priority.

Why did Colorado choose Fernando Lovo?

Chancellor Justin Schwartz cited Lovo’s character and innovative approach to revenue. The search committee was impressed by his record with student-athletes. They believe he is the right leader for a dynamic era in college sports.

Trusted Sources: BuffZone, ESPN