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IU Coach's Resignation Made Public

Last updated on Monday, February 27, 2006

BLOOMINGTON—Details of Indiana University Basketball Coach Mike Davis’ resignation are being made public.

The university will pay Davis $800,000 in 24 monthly installments, beginning 30 days after the end of the season.

However, Davis could be fined $40,000 for making statements critical of I.U. or its officials, or if he encourages players to transfer to another school.

Davis coached I.U. for six seasons.

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