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UW athletics: Alvarez?s pay to hit $1 million

University of Wisconsin athletic director Barry Alvarez has a new five-year contract that will keep him among the highest-paid at his position in the nation. Alvarez signed an extension in February that will carry through to Jan. 31, 2016. He will receive $1 million in annual compensation starting in 2011-12, according to a source who spoke on the condition of anonymity because the financial details must be approved by the UW Board of Regents at their meeting July 14 and 15.