Kansas State
Krause was hired as co-athletic director (with Jim Epps) on June 6, 2008 to replace Tim Weiser, who left to become the deputy director of the Big 12 Conference. Krause was the 14th athletic director at Kansas State. In his 11 months at the helm of the athletic department, his most notable act as athletic director was offering a contract extension and larger buyout for football coach Ron Prince, who was fired four months later. Krause resigned from his position on January 27, 2009, effective March 31, 2009, due to controversy involving a $2 million settlement award to former athletic director Tim Weiser. Weiser left K-State in part because he refused a raise and increased buyout for Prince.
Krause became director of development for the K-State Olathe Innovation Campus. However, due to an alleged secret negoiation of a deferred compensation agreement with former head coach Ron Prince, Kansas State President Jon Wefald requested, and received, Krause's resignation.
Read more about this topic: Bob Krause (athletic Director)
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