Colorado State University Head Basketball Coach Larry Eustachy is resigning amid an investigation into allegations of verbal abuse of his players and staff.
He was in a leave of absence during the investigation, but ultimately decided to resign. Eustachy will be paid $250,000 in 3 payments over the next 3 years.
“It has been an honor and a privilege to serve as Colorado State’s men’s basketball coach the past six seasons. The players, fans and administration, including President Tony Frank, have made my time in Fort Collins an incredible experience. I am extremely grateful for my time here – there are so many positive memories I will take with me,” Eustachy said in a statement announcing his resignation.