MEMPHIS, Tenn. (AP) — A state audit notes that Memphis athletic director Tom Bowen had a conflict of interest while renegotiating former basketball coach Josh Pastner’s contract in 2013 because they had the same agent at the time.
The audit also showed Pastner’s updated contract was not submitted to the Tennessee Board of Regents for approval, as required for contracts exceeding $100,000. The Board of Regents audit found no evidence of Bowen receiving a benefit from the agent in exchange for giving Pastner a raise.
The (Memphis) Commercial Appeal first reported the audit’s findings.
Pastner received a raise from $1.7 million to $2.65 million in 2013. He left Memphis in 2016 to take over Georgia Tech’s program.
Memphis released a statement saying it cooperated “in full” with the investigation and has taken steps to ensure state and university policies are followed.
___
More AP College Basketball: http://collegebasketball.ap.org
Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
