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Bayh will join the O'Neill School of Public and Environmental Affairs as a "distinguished scholar and executive at large." Coats will join the Hamilton Lugar School of Global and International Studies in a similar position as a "distinguished scholar and ambassador at large."
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Todd Young's campaign spent tens of millions of dollars capitalizing on Bayh's abrupt departure from politics.
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Young will be the first person to hold the seat since 1989 that isn't Dan Coats or Evan Bayh.
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The tone of Indiana's Senate race turned sharply negative essentially since Democrat Evan Bayh joined the campaign in July.
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For Republican Todd Young and Democrat Evan Bayh, the debate was as much about their opponent as it was themselves.
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UAW president Dennis Williams told a group of them he hasn't always agreed with Evan Bayh. But he said this year, the Democrat's pro-labor history sets him apart.
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After leaving politics for six years, former U.S. Senator of Indiana Evan Bayh enters a tight race for his old Senate seat this summer.
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The United Auto Workers union criticizes Young for comments he made in 2010, calling the federal auto industry bailout a "waste."
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The endorsement comes with a seven-figure ad buy throughout the state.
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Democrat Evan Bayh says he hopes to focus on the economy and making college affordable, issues his opponent Rep. Todd Young says are a priorities in his campaign as well.