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New Missouri athletic director Laird Veatch has contract approved. Here are the details

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New Missouri athletic director Laird Veatch has contract approved. Here are the details


That’s that.

The UM System Board of Curators officially approved the contract of new Missouri athletic director Laird Veatch during a special meeting on Wednesday afternoon, a university spokesperson confirmed to the Columbia Daily Tribune.

The curators quickly went into an executive session in their 3 p.m. meeting, with four statutes cited to take the meeting behind closed doors. One of them — 610.021(3) RSMo — concerns “hiring, firing, disciplining or promoting of particular employees by a public governmental body.”

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Guess who?

Veatch is now officially Missouri’s athletic director.

Here are the details of his five-year contract, provided in a memorandum of understanding signed Tuesday, April 23, and sent to the Columbia Daily Tribune by a university spokesperson.

What is Missouri athletic director Laird Veatch’s salary?

Laird Veatch will earn $1.3 million dollars in annual guaranteed compensation at Missouri. His deal is due to end April 30, 2029.

His deal is broken down into three parts: Base salary ($900,000 per year); Non-Salary compensation ($200,000); and deferred compensation ($200,000).

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Both his base salary and non-salary compensation will be paid in equal monthly installments. His deferred compensation will be paid annually.

Veatch’s deal also includes several merit incentives.

The new Missouri athletic director can earn $50,000 if Missouri wins an SEC football title, and can add another $50,000 if Eli Drinkwitz’s team claims a national championship.

For men’s basketball, Veatch is awarded $10,000 if Dennis Gates’ Missouri team wins an SEC title; a further $15,000 if the Tigers make the Final Four; and an additional $25,000 if they take home a national title.

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If Missouri student-athletes graduate at a 90% combined success rate across all sports, Veatch makes $25,000. If Veatch reaches “philanthropy, ticket sales and other revenue generation targets set annually” by UM System President Mun Choi, Veatch earns $75,000. Those targets are currently unknown.

Before leaving for the open AD role at Arizona, former Missouri athletic director Desireé Reed Francois signed a contract extension with Missouri in April 2023 that saw her total compensation jump to $1.25 million annually. Her Missouri annual contract was broken down as $900,000 in base salary; $350,000 in non-salary compensation; and $250,000 in deferred compensation. She was only eligible to receive the deferred compensation at the end of her deal.

Veatch is Missouri’s fourth athletic director in the past nine years. The university also put in a clause that makes sure it isn’t searching for No. 5 any time soon.

The contract states that “the AD recognizes that their promise to work for the University for the entire term is important to the University, and that the nature of their position is unique.”

On that note, the contract also stipulates that should Veatch choose to terminate his deal without cause, he will pay the university 50% of his cumulative base salary plus whatever he would have been paid in non-salary compensation.

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That means, if he leaves for another job with, for example, one year remaining on his deal, he would owe $450,000 (half of his base salary) plus $200,000 in non-salary compensation for a total of $650,000 in liquidated damages. The cost of leaving Missouri begins at about $3.25 million and falls each year for Missouri’s new AD.

On the flip side, and very similarly, if Missouri terminates Veatch’s contract without cause, the university owes Veatch half of his annual base salary plus the full amount he would have received in non-salary compensation. Veatch also would be paid whatever he had accrued in deferred compensation. That means his buyout begins at approximately $1.65 million, which will fall with each passing year.

What’s next for Veatch?

Veatch, who MU hired away after a near-five-year stint at Memphis, could be introduced to the public as soon as Friday. His official start date is May 1.

More: 3 questions facing new Missouri athletic director Laird Veatch on Day 1

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The new head of the Missouri athletic department returns for a second stint in Columbia, after serving in various roles for MU in the late 1990s and early 2000s. At Missouri, Veatch held titles such as assistant AD for development; director of athletics development for major giving; and director of annual giving and development coordinator. He also worked for Learfield Sports, managing Mizzou Sports Properties between 2003-06.

Veatch is a former Kansas State linebacker and team captain under Hall of Fame head coach Bill Snyder. The new Missouri AD has worked in athletic departments at Memphis, Florida, Iowa State, Texas and his alma mater K-State.

The university formed an 11-person search committee and hired the search firm TurnKey ZRG to find its next AD.

Veatch will undertake a $250 million redevelopment to the Memorial Stadium north concourse, with the athletic department poised to foot half of that bill and a considerable chunk of those funds still needing to be raised.

The Missouri football team itself, however, appears to be in its most stable position in a decade. The Tigers went 11-2 last season, a year that culminated in a Cotton Bowl victory over Ohio State, before extending Drinkwitz through the 2028 season.

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In Mizzou Arena, Gates and the men’s basketball team are coming off a historically poor season with a historically successful recruiting performance. The Tigers have one of the nation’s top transfer classes and will bring the country’s No. 4 high school class to Columbia this summer. Veatch likely will face questions about MU women’s basketball coach Robin Pingeton, who has entered the final year of her contract.

More: 5 things to know about new Missouri athletic director Laird Veatch



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Missouri pushes for more nuclear energy to power the future

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Missouri pushes for more nuclear energy to power the future


Driving through the winding roads of Callaway County, often visible in the distance is a massive, 553-foot-tall concrete structure emitting what looks like white clouds.

“A lot of people think that’s smoke coming out of the top; it is not. That is water vapor,” said Travis Hart, manager of the Callaway nuclear power plant that produces 15% of Missouri’s electricity.

“The next structure that you see, this big rounded dome … that is the reactor building itself,” Hart said.

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The single nuclear reactor near Fulton was built in the late 1970s and began generating electricity in 1984. Initially, the site was designed with two reactors in mind. But Hart said plans for a second unit came to a halt in the early ’80s due to decreasing electricity demand and rising costs.

Now, more than 40 years later, energy demand is growing due to increased manufacturing, adoption of electric vehicles and the development of AI data centers.

In a scramble for more power, tech companies and utilities are restarting formerly shuttered nuclear power plants, such as Three Mile Island in Pennsylvania. In states like Missouri, politicians are eager to find ways to build new ones and expand existing plants like the one in Callaway County.

Debates about how to pay for the multibillion dollar projects resurfaced in the Missouri legislature this spring. While cost is the first hurdle to creating a new fleet of nuclear power plants in America, the actual construction of the facilities is the second.

Early this year, Missouri Gov. Mike Kehoe signed an executive order that creates the Advanced Nuclear Energy Task Force to “evaluate and guide” the state’s “strategic approach to nuclear energy development.”

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Lost skills

The majority of the nuclear power plants in America were built between the 1960s and 1980s. Construction slowed in response to energy demand leveling out, increased safety regulations and public perception of nuclear power souring after the Three Mile Island accident.

Speaking at the University of Missouri in May, Director-General of the federal Nuclear Energy Agency William Magwood said building nuclear power plants is a skill, and America has gotten rusty.

“We used to be really good at building plants back in the ’60s and ’70s. How do we reconstruct that? That’s going to be a real challenge,” Magwood said.

The only new nuclear power facilities built in America in recent decades are the third and fourth reactors at the Vogtle electric plant near Waynesboro, Georgia. While the reactors came online in 2023 and 2024 and produce more than 1,000 megawatts of power each, the project was billions of dollars over budget and years behind schedule.

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Magwood said a lot of what boggled the Vogtle construction was the lack of institutional knowledge about building nuclear power plants.

“We just didn’t know what we were doing,” he said. “We hadn’t built a nuclear plant in a generation. We didn’t have people who knew how to do it. We didn’t have the infrastructure. We didn’t have the supply chain. The regulator didn’t know what the hell they were doing. I was there, so I know.”

In South Carolina, efforts to construct a new nuclear power plant were abandoned after billions were spent and the company behind the project went bankrupt.

Kurt Schaefer is tasked with ensuring Missouri can avoid similar blunders.

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The longtime politician and public servant has been dubbed “the leader of Missouri’s nuclear power renaissance” by UM System President Mun Choi, who has been enthusiastic about advancing nuclear power by hosting national energy leaders on campus in recent years.

In May, Kehoe appointed Schaefer as head of the state’s new nuclear power task force, a group of representatives from utility companies, higher education institutions, politicians, state utility regulators and trades workers all charged with finding a way to make new nuclear power a reality.

Schaefer said the first step to establishing more nuclear power in the state is finding the cash.

“It’s all about money,” he said. “It is expensive up front to build a plant and unless the federal government steps up, I just don’t see it happening.”

In June, the federal Department of Energy announced $17.5 billion in loans for utilities and energy companies to build 10 large-scale commercial nuclear reactors.

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Schaefer wants one of those reactors to be in Missouri, ideally near the existing nuclear plant in Callaway County.

“We are really behind the eight ball here in the United States on nuclear power, but you’re seeing a big effort, particularly from the federal government, to move us in that direction,” he said.

As electricity demand continues to climb, Schaefer believes nuclear power is the best way for Missouri to meet that demand. The zero-carbon plants can generate energy around the clock, unlike solar and wind power that need the right conditions to produce power.

Plus, given the longevity of nuclear power facilities, Schafer sees them as a good investment. To him, a robust power supply means a booming economy.

“This is our future, this is what we have to do to keep Missouri economically viable and that’s what we’re gonna do,” Schaefer said.

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Who goes first?

The ballooning costs of nuclear power plants isn’t a new issue.

“Any project that big takes years to complete and things may change in the meantime,” said Victor McFarland, University of Missouri energy historian. “The costs of your supplies might go up, the cost of labor might go up.”

Decades ago, when many of America’s atomic energy centers were built, inflation was high and budgets stretched beyond initial figures.

“So the original estimates for the construction of these plants that were true, say, in 1970, they weren’t true anymore in 1975 or 1980,” McFarland said. “There were big cost overruns.”

Now, as the world turns away from fossil fuels, Magwood said nuclear capacity needs to triple to meet the net zero by 2050 goals. Currently, the nuclear power industry does not benefit from economies of scale. Because new nuclear projects are rare, costs are high and supply chains aren’t fully developed, adding to the overall risk of the endeavor.

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“One of the big problems is nobody wants to be first … everybody wants to go fourth,” Magwood said. “Believe it or not, that doesn’t work very well. Somebody has to bite the bullet. Somebody has to take the risk. And what I think the industry would really like would be if the government somehow put a safety net under the first projects.”

Ameren Missouri has been clear about its goals to develop additional nuclear power. The company is planning to add 1,500 megawatts of atomic energy to its portfolio by 2045.

Callaway nuclear plant manager Travis Hart is an electrician by trade and first set foot at the facility 25 years ago when he was hired to work on the refueling crew. He said that’s when he fell in love with the place.

“When I walked in here and saw the equipment, how it fits together, how it works, how the design was, it was just extremely interesting to me,” Hart said.

There are a number of reasons the Callaway site is suited for expansion, Hart said. The location has access to the power grid, water from the nearby Missouri River, and a largely supportive local community that fills the plant’s roughly 750 permanent jobs while the company pays $9.8 million in annual property taxes to Callaway County.

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The Callaway Energy Center’s current operating license extends through 2044, and Hart is confident the company will receive approval to operate beyond that date.

“I tell my people here all the time, … ‘this is important, so we got to get it right, and we got to do a good job of it, and it’s okay to be proud of it, because it makes a difference,’” Hart said.

In the coming years, the state’s new nuclear power task force will assess Missouri’s readiness to provide the workforce, policies and supply chain needed to create the “nuclear power renaissance.”

This story was originally published by KBIA and shared through the Missouri News Network.



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Flash flooding traps hundreds of people in rural Missouri

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Flash flooding traps hundreds of people in rural Missouri


Flash flooding unleashed by torrential downpours from a wave of thunderstorms struck the Ozark Mountains in ​rural southeastern Missouri on Friday, trapping hundreds of people in high water along the rain-swollen Black River, ‌officials said.



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SEMA sets info sessions for FEMA Public Assistance for late-April storms

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SEMA sets info sessions for FEMA Public Assistance for late-April storms


The Missouri State Emergency Management Agency will conduct applicant briefings for local governments and nonprofit agencies applying for Public Assistance through the Federal Emergency Management Agency.

President Donald Trump approved Missouri’s request for a major disaster declaration for storms that hit the state between April 23-28.

The following counties are included in the federal disaster declaration: Carroll, Chariton, Greene, Holt, Howard, Monroe, Randolph, Saline and St. Francois, according to the news release. 

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The five mid-Missouri counties included in the Public Assistance request experienced tornadoes on April 27 that damaged homes, businesses, farms and infrastructure, according to previous KOMU 8 reporting. 

FEMA’s Public Assistance program provides financial assistance to local governments and qualifying nonprofits for the repair of damaged roads, bridges and other public infrastructure as well as reimbursement of associated emergency response and recovery costs.

Five counties in mid-Missouri hit by severe weather in late April will get assistance from FEMA for impacts to infrastructure.

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SEMA strongly encourages all eligible agencies that plan to apply for assistance in the 10 declared counties following the federal disaster declaration to attend one of the briefings, according to a Missouri State Emergency Management Agency news release.

Briefing information

The briefings will take place July 14-16 and explain program changes, eligibility information, the federal reimbursement processes and documentation requirements, according to the news release. 

Applicant briefings are not for the general public; they are for FEMA’s Public Assistance program only, according to the news release.

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Two applicant briefings will be held in mid-Missouri: one in Marshall and one in Moberly.

The briefing in Marshall will be held from 9 a.m. to 1 p.m. July 15 at Marshall City Hall, 214 North Lafayette Ave.

The briefing in Moberly will be held from 9 a.m. to 1 p.m. July 16 at Moberly Area Community College – Activity Center, 101 College Ave.

In-person applicant briefings can last up to four hours and provide an opportunity to meet with FEMA personnel, begin the required paperwork and ask questions, according to the news release. 

Any government agency, including special districts such as road, water or sewer districts, or nonprofits in the declared counties that incurred disaster-related expenses should attend, including those that are unsure of their eligibility status, according to the news release. 

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Attendees should bring their organization’s Unique Entity Identifier and federal Employer Identification Number, to register in a timely manner, according to the news release. 

All requests for Public Assistance must be submitted to FEMA within 30 days of the June 30 disaster declaration date, or July 30, according to the news release.

Applicants should plan accordingly as Public Assistance must first be received by SEMA before being submitted to FEMA by the August deadline, according to the news release. 

Those who are unable to attend the briefing may watch a recorded informational video on SEMA’s website.

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