University of Connecticut athletic director Jeff Hathaway announced Friday that he was retiring, effective immediately, after signing an agreement to leave the school. Hathaway's job has been the subject of widespread speculation since the university's new president, Susan Herbst, initiated an evaluation this summer of the athletic department focusing on academic performance, NCAA compliance and fundraising. Under terms of a separation agreement signed Friday, Hathaway will remain on UConn's payroll as a consultant until Sept. 15 to assist in the transition process. The deal requires the school to pay him up to $531,717 through Sept. 15, 2013, plus medical and other benefits. Senior associate director of athletics Paul McCarthy will take over as director until an interim replacement is named. Read more: http://espn.go.com/college-sports/s...c-director-jeff-hathaway-announces-retirement
