Full details: http://wvmetronews.com/2015/06/26/w...vernors-pays-937k-in-media-rights-settlement/
Excerpts:
MORGANTOWN, W.Va. — The West Virginia Board of Governors agreed to pay $937,500 to West Virginia Radio Corp. as part of this week’s settlement in the media rights lawsuit.
Described as “partial reimbursement for attorney fees and costs WV Radio in the action,” the payment pertained only to the Board of Governors’ portion of the settlement. Payouts from other defendants—including the WVU Foundation, IMG College and West Virginia Media—have not been disclosed.
According to Friday’s release, “executive level officers and employees” of WVRC and the BOG are prohibited for the next five years from publicly discussing the financial terms of the settlement or revealing any details obtained in the discovery and disclosure phases. Among those specifically named in the gag order are WVRC chairman John Raese and president Dale Miller, along with WVU president Gordon Gee and new athletics director Shane Lyons.
In light of the allegations, WVU said Wednesday it “has undertaken significant, ongoing improvements designed to enhance its procurement function.” Additionally, the university said its Foundation “modified the procedure by which it authorizes disbursements of funds.”
Excerpts:
MORGANTOWN, W.Va. — The West Virginia Board of Governors agreed to pay $937,500 to West Virginia Radio Corp. as part of this week’s settlement in the media rights lawsuit.
Described as “partial reimbursement for attorney fees and costs WV Radio in the action,” the payment pertained only to the Board of Governors’ portion of the settlement. Payouts from other defendants—including the WVU Foundation, IMG College and West Virginia Media—have not been disclosed.
According to Friday’s release, “executive level officers and employees” of WVRC and the BOG are prohibited for the next five years from publicly discussing the financial terms of the settlement or revealing any details obtained in the discovery and disclosure phases. Among those specifically named in the gag order are WVRC chairman John Raese and president Dale Miller, along with WVU president Gordon Gee and new athletics director Shane Lyons.
In light of the allegations, WVU said Wednesday it “has undertaken significant, ongoing improvements designed to enhance its procurement function.” Additionally, the university said its Foundation “modified the procedure by which it authorizes disbursements of funds.”
