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First on 3: Cleveland State University to pay outgoing president Harlan Sands nearly $1 million to part ways

Sands will also receive annual $348,000 salary to teach at Cleveland-Marshall College of Law.

CLEVELAND — Outgoing Cleveland State University President Harlan Sands will receive a lump sum of $928,200 – the equivalent of two years of his base salary of $464,100 – to leave his job, after Sands and CSU failed to settle differences on how the university should be led in the future.

Sands was also offered a full-tenured teaching job at CSU’s Cleveland-Marshall College of Law. If he takes it, he will be paid an annual salary of $348,000, according to a copy of his separation agreement provided by the university. Sands' existing contract guaranteed him the option to teach if the university ended its agreement.

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Spokesman David Kielmeyer said Sands told the Board of Trustees he plans to teach this fall.

Sands retains his title of president until June 26, though he no longer has authority as president. He has until Sept. 5 to move out of the CSU-foundation owned president’s mansion, which was provided rent-free as part of Sands compensation package. CSU will also pay his moving expenses.

Sands was appointed president in January 2018 and his contract was extended last year until 2026. CSU's Board of Trustees have named Dr. Laura Bloomberg, vice president for academic affairs, to succeed Sands.

You can read Sands' separation agreement with Cleveland State below:

Previous Reporting:

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