Gents, some perspective is needed. Gary Barta has overseen the athletic department for a long time. With its revenue, employees, endowment and facilaties, Iowa athletics is the equivalent of a billion dollar company. That is not hyperbole. Any NFL franchise is worth a couple bill. That is for just one football team. While a college athletic department is not able to be sold (yet LOL), that does not change the nature of the business being a massive and lucrative entity. Barta is the equivalent of the CEO of a massive company.
Companies the size of Iowa, that have money and are high profile, draw law suits and claims on a regular basis. In legal venacular, lawsuits are the cost of doing business. Companies settle bullshit lawsuits for way too much money every day. I have seen it in my practice more times that I can count. It just is what it is. Indeed, this may not even be Barta's call to make. Iowa has lawyers, adjusters, general counsel and lot's of folks making this call. Barta is doing what the experts around him recommend. That is what good CEO's do.
If you are a board of directors, and your CEO has run your company profitably for over a decade, and consistently grown its revenue and value far above other industries or market expectations, you don't fire him because of a couple lawsuits or a couple of scandals. You look at the totality of the circumstances and decide if he is doing his job well or not. Of course, that includes considering that all Big 10 schools are rising with TV revenue, so he should not get credit for all of the department's success, but he should get some. The captain of the ship gets more praise and blame than is actually deserved for sure.
I am Barta neutral. I don't think he is awesome, but I don't think he sucks simply because he hitched his wagon to a legendary football coach and is not rocking that boat. If you want to fire him for cause, with respect, settling a 20 million dollar case for 4 million dollars to put a high profile lawsuit to bed is not the dumbest thing a CEO has ever approved of. Not by a long shot.