Current:Home > ContactBooming buyouts: Average cost of firing college football coach continues to rise -Wealth Axis Pro
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-18 03:56:29
Football Bowl Subdivision schools shelled out more than $125 million in buyout payments to departed head coaches last season, 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.
veryGood! (9414)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Body of missing Florida woman found in retention pond after nearly 12 years, volunteer divers say
- Gunman breaks into Colorado Supreme Court building; intrusion unrelated to Trump case, police say
- 10-year-old California boy held on suspicion of shooting another child with his father’s gun
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Horoscopes Today, January 1, 2024
- As Atlantic City adds more security cameras, 2 men are killed in areas already covered by them
- Harvard president Claudine Gay resigns amid plagiarism claims, backlash from antisemitism testimony
- Global Warming Set the Stage for Los Angeles Fires
- South Korean police raid house of suspect who stabbed opposition leader Lee in the neck
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Netflix, not football, is on menu for Alabama coach Nick Saban after Rose Bowl loss to Michigan
- Brooke Hogan confirms marriage, posts 'rare' photo of husband Steven Oleksy: 'Really lucky'
- State tax cutting trend faces headwinds from declining revenues and tighter budgets
- The Best Stocking Stuffers Under $25
- 'He was just a great player. A great teammate': Former Green Bay Packers center Ken Bowman dies at 81
- Should I get paid for work drug testing? Can I be fired for my politics? Ask HR
- Acclaimed Mexican actor Ana Ofelia Murguía, voice of Mama Coco, dead at 90
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
These were some of the most potentially dangerous products recalled in 2023
Cause still undetermined for house fire that left 5 children dead in Arizona, authorities say
The 31 Essential Items That You Should Actually Keep in Your Gym Bag
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Judge rules former clerk who refused to issue marriage licenses must pay $260,000 in fees, costs
Ex-NBA G League player, former girlfriend to face charges together in woman's killing in Vegas
These jobs saw the biggest pay hikes across the U.S. in 2023