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+--- Thread: TAMU fires Jimbo Fisher, making him extremely wealthy (/showthread.php?tid=282091)
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TAMU fires Jimbo Fisher, making him extremely wealthy - Ombligo - 11-12-2023
Texas A&M fired coach Jimbo Fisher on Sunday morning, a move that resets the paradigm for coaching buyouts and opens up one of the country's most tantalizing jobs.
The move is expected to cost the school more than $76 million to buy out Fisher's deal, which is nearly triple the highest known coaching contract buyouts at a public school.
According to the terms of the contract, Texas A&M will owe Fisher $19.2 million within 60 days and then pay him $7.2 annually through 2031. There is no offset or mitigation on those payments, and the annual payments start 120 days after termination.
https://www.espn.com/college-football/story/_/id/38880082/jimbo-fisher-expected-fired-texas-sources-confirm
I wish I could have found a job that paid me $76 million when I got fired for poor performance. For that money, I could suck at anything.
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Carnos Jax - 11-12-2023
Oh no, I hope he doesn't come to Arkansas (I hear we're firing our coach at the end of the season).
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Will Collier - 11-12-2023
Carnos Jax wrote:
Oh no, I hope he doesn't come to Arkansas (I hear we're firing our coach at the end of the season).
Might be as soon as today from what I'm seeing.
I was impressed with Pittman his first couple of years. Was surprised things fell off so quickly for him.
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Will Collier - 11-12-2023
Ombligo wrote:
Texas A&M fired coach Jimbo Fisher on Sunday morning, a move that resets the paradigm for coaching buyouts and opens up one of the country's most tantalizing jobs.
The move is expected to cost the school more than $76 million to buy out Fisher's deal, which is nearly triple the highest known coaching contract buyouts at a public school.
According to the terms of the contract, Texas A&M will owe Fisher $19.2 million within 60 days and then pay him $7.2 annually through 2031. There is no offset or mitigation on those payments, and the annual payments start 120 days after termination.
https://www.espn.com/college-football/story/_/id/38880082/jimbo-fisher-expected-fired-texas-sources-confirm
I wish I could have found a job that paid me $76 million when I got fired for poor performance. For that money, I could suck at anything.
I hereby declare that I will not coach Texas A&M for a mere $50 million.
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Carnos Jax - 11-12-2023
Will Collier wrote:
[quote=Carnos Jax]
Oh no, I hope he doesn't come to Arkansas (I hear we're firing our coach at the end of the season).
Might be as soon as today from what I'm seeing.
I was impressed with Pittman his first couple of years. Was surprised things fell off so quickly for him.
Yeah, me too.
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Rolando - 11-12-2023
Highest paid
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Fritz - 11-12-2023
Will Collier wrote:
I hereby declare that I will not coach Texas A&M for a mere $50 million.
heck, I'll do it for 1% of that, without a sanity clause.
but no less, I ain' no 'ho'.
or a case of Knappogue 16 twin.
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - mrbigstuff - 11-12-2023
that is simply insane. who is footing the bill for that?
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - Carnos Jax - 11-12-2023
Their deep pocketed supporters/fanbase
Re: TAMU fires Jimbo Fisher, making him extremely wealthy - pRICE cUBE - 11-13-2023
This is nuts. I wish I was so good and bad at something that I get paid tens of millions to go away.