Sept. 30 (Bloomberg) -- University of Texas Athletic Director DeLoss Dodds will announce his retirement tomorrow, the Austin American-Statesman said.
Dodds, 76, will step down on Aug. 31 after 32 years as athletic director and will remain through 2015 as a consultant, the newspaper said, citing three sources it didn’t identify. John Bianco, a spokesman for the athletic department, declined in an e-mail to confirm the report.
Dodds helped build the athletic department into the richest in the nation, with a $163 million budget. Texas began the Longhorn Network, a television station built around its sports teams, after signing a 20-year, $300 million agreement with ESPN, and has spent more than $400 million on facility upgrades.
Texas President Bill Powers will lead the search for a replacement and wants to fill the position by Dec. 1, the Statesman said. Among the potential candidates is Director of Women’s Athletics Chris Plonsky.
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