Larry Eustachy has resigned as head coach of Colorado State, according to Matt Stephens of the Denver Post. Eustachy will receive a $750,000 settlement from the university as part of his resignation.
Colorado State basketball coach Larry Eustachy has resigned. He'll receive a $750,000 settlement. https://t.co/5KD38J0fKk— Matt L. Stephens (@MattStephens) February 26, 2018
Eustachy was placed on administrative leave on February 3 as the university conducted an investigation into the “climate of the program”. Eustachy had been investigated in 2013-14 for creating a culture of fear and intimidation of his players.
Colorado State is in the midst of a disappointing season, and the controversy around the situation has kept the program in flux. The Rams are just 11-19 this year after going 24-12 last season.
In his time at Colorado State, Eustachy went 122-79 over six seasons that included a NCAA Tournament bid in 2013.