From The Associated Press
STILLWATER, Okla. —
Oklahoma State University has dropped a lawsuit that sought to recover $33 million in premium payments from a program that insured the lives of certain alumni to provide payouts to Cowboy Athletics.
The university said Wednesday it will try to collect on one $10 million policy on an alumnus but won’t pursue $33 million in premium payments.
Cowboy Athletics is the university’s athletic fundraising arm.