Colorado State Athletic Director Joe Parker announced today that Head Basketball Coach Larry Eustachy has been placed on Administrative leave. Parker said earlier this week that he had begun a conduct investigation that focused on the internal climate of the men’s basketball program.

“I have asked head coach Larry Eustachy to temporarily step away from the men’s basketball program, as he has been placed on administrative leave while we conclude our climate assessment,” Parked said in a prepared statement. “We are diligently working through this assessment as expeditiously as possible, understanding the importance of a thorough and fair process. No conclusions have been made.”

Associate head coach Steve Barnes will lead the team in the interim, including tonight’s game against Nevada.

More on this story as it continues to develop.