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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/st...es-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.
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Oh no, I hope he doesn't come to Arkansas (I hear we're firing our coach at the end of the season).
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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.
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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/st...es-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.
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Highest paid Employee Welfare Queen of Texas!
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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.
“Art is how we decorate space.
Music is how we decorate time.”
Jean-Michel Basquiat
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that is simply insane. who is footing the bill for that?
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Their deep pocketed supporters/fanbase
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This is nuts. I wish I was so good and bad at something that I get paid tens of millions to go away.