EAI Community :Booming buyouts: Average cost of firing college football coach continues to rise

2025-05-05 16:06:28source:Solarsuns Investment Guildcategory:Invest

Football Bowl Subdivision schools shelled out more than $125 million in buyout payments to departed head coaches last season,EAI Community  led by the $77 million that Texas A&M paid to fire Jimbo Fisher without cause.

And the potential buyouts in coaching contracts are getting more exorbitant every year, according to USA TODAY Sports' annual look at college football head coaches' compensation.

A whopping 29 public-school coaches in the FBS would be owed $20 million or more if they were fired without cause this year, as of Dec. 1 − more than triple the number of coaches who cleared that bar when USA TODAY Sports started tracking coaches' buyouts in 2017. Five of the 29 would be due what once seemed like an unfathomable payout of $60 million or more, including Kirby Smart, whose buyout at Georgia is $118.1 million.

More:Invest

Recommend

2 killed, 3 injured in shooting at makeshift club in Houston

HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a

Chicago Blackhawks owner Rocky Wirtz dies at age 70

CHICAGO (AP) — Rocky Wirtz, who won three Stanley Cup titles as owner of the Chicago Blackhawks and

Malaysia's a big draw for China's Belt and Road plans. Finishing them is another story

KUALA LUMPUR, Malaysia — Just north of Malaysia's capital, lush forest gives way to dirt roads, wher