The Austin American-Statesman reported Monday that DeLoss Dodds, Texas men's athletics director and largely considered one of the more powerful men in college sports, will announce that he is stepping down from his position on Tuesday. His resignation from his current position would be effective Aug. 31, 2014, per The Statesman, and he would likely stick around the department, as he would receive a $1 million annuity, after taxes, if he's still employed by Texas through 2015. The most common thought is that Dodds would move into a consulting position.
West Virginia athletics director Oliver Luck, who holds a law degree from Texas, and current Big 12 commissioner Bob Bowlsby would likely be on the short-list for the hire, though Bowlsby has said publicly that he has no interest in the position. Bowlsby is appealing for multiple reasons, one of which is the fact that he helped to endow Stanford's athletics scholarships, a task that Texas wants to take on.
Among other things, Luck is known for moving West Virginia out of the Big East and into the Big 12, as well as the decision to sell beer during games, a decision that netted the athletics department $500,000 in 2011, per reports.
Whomever gets the job could receive the task of trying to rebuild an athletics program that has seen all three "major" sports fall behind expectations. The Texas football team under long-time head coach Mack Brown was expected to contend for a Big 12 title and even national honors this year, and the Longhorns are 2-2 through the first third of the season. The Texas basketball team missed the NCAA Tournament for the first time in Rick Barnes's tenure last year, while Augie Garrido's baseball team failed to qualify even for the Big 12 Tournament a year ago.
That person will also be given the keys to the kingdom: primarily oversight into the biggest revenue-producing monster of an athletics department in college sports, one with sparkling facilities and everything needed to lure top-notch coaching candidates, if required.
Dodds, of course, was a primary driving force behind the athletic department's ascension into such a well-cushioned position. In his 32 years, Texas has completed more than $400 million worth of facility upgrades. Dodds hired those current "big three" coaches, with Garrido winning two national titles, Brown winning one and Barnes taking the Longhorns to their only Final Four. And he had an incredible savvy for business decisions, earning Texas a gaudy 20-year, $300-million deal with ESPN to broadcast the school's third-tier television package on the Longhorn Network.
All of those things helped him push Texas's athletic budget up to an astounding $163 million.