AUSTIN, Texas — The University of Texas football fans will continue to see Bevo on the sidelines according to the University's President Gregory L. Fenves. Fenves told our partners at the Statesman, Bevo XV remains "a great symbol for the university" even after his incident at the Sugar Bowl.

“We take the safety very seriously, but we’re going to continue to have Bevo as our mascot,” Fenves said to the American-Statesman. 

The Statesman said, the Silver Spurs Alumni Association has a seven-figure liability insurance policy for Bevo, according to records from UT under the Texas Public Information Act. The policy covers $1 million per incident, $100,000 in damage to rented premises, $1 million in person and advertising injury and $2 million in aggregate coverage for the one-year policy period.

Fenves also stated his support for Bevo when he visited him at his ranch, according to the Statesman.

Uproar followed after Bevo broke out of his pen at the Sugar Bowl toward a group of photographers and Georgia's mascot UGA.

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“He’s an incredible animal and a great symbol for the university,” Fenves told the Statesman while mentioning Bevo. “Seriously, we’re always looking at the protocols for Bevo at public events. I don’t think they need to be revised. There were some peculiarities of the new situation and a very crowded environment. The Silver Spurs will just have to be more cognizant as they handle Bevo."

The Statesman said, Bevo turns 4-years-old on Thursday and is owned by Betty and John T. Baker, operators of the Sunrise Ranch in Liberty Hill. Longhorns fans can rest easy knowing they will see their beloved mascot on the field next season.