MEMPHIS, TN (WMC) - The University of Memphis in investigating a possible conflict of interest involving the athletic department.
Recently, allegations have surfaced that Athletic Director Tom Bowen and Head Men's Basketball Coach Josh Pastner made a deal for Pastner's contract while both had the same agent.
U of M President M. David Rudd released a statement confirming the investigation. It reads:
Earlier this month, the university affirmed that Josh Pastner will remain as head coach for the upcoming season after a "comprehensive review of the men's basketball team" was completed.
Pastner is owed $10.9 million over the next four years—a salary that is guaranteed whether he is the head coach or not. If the allegations are true, each side may have agreed to the terms while going through the same agent.
Former sports agent Kyle Rote, Jr., said that while it is not uncommon for agents to represent both coaches and administrators, very few do.
WMC Action News 5 issued a Freedom of Information request to the university earlier this month seeking more information on the allegations.The university has not yet addressed that request.