Current:Home > ContactBooming buyouts: Average cost of firing college football coach continues to rise -Wealth Momentum Network
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-17 15:55:49
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! (75934)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Kevin Costner breaks silence on 'Yellowstone' feud, says he fought for return to hit series
- Driver in fatal shooting of Washington deputy gets 27 years
- Derek Jeter and Wife Hannah Jeter Reveal How They Keep Their Romance on Base as Parents of 4
- Bodycam footage shows high
- Students transform their drab dorm rooms into comfy living spaces
- 'Howdy Doody': Video shows Nebraska man driving with huge bull in passenger seat
- Stakes are high for Michigan Wolverines QB J.J. McCarthy after playoff appearance
- Sonya Massey's father decries possible release of former deputy charged with her death
- Making your schedule for college football's Week 1? Here are the six best games to watch
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- FBI releases age-processed photos of Leo Burt, Wisconsin campus bomber wanted for 53 years
- White teen charged with attempted murder after allegedly trying to drown Black youth
- Travis Kelce pleads to Chris Jones as Chiefs await contract holdout: 'We need you bad'
- Sonya Massey's father decries possible release of former deputy charged with her death
- Some businesses in Vermont’s flood-wracked capital city reopen
- An Ohio ballot measure seeks to protect abortion access. Opponents’ messaging is on parental rights
- Did you buy a lotto ticket in Texas? You may be $6.75 million richer and not know it.
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Man who escaped Oregon mental hospital while shackled found stuck in muddy pond
An Alaska city reinstates its police chief after felony assault charge is dropped
1 killed, 6 injured in overnight shooting at a gathering in Massachusetts
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Gold Star mother on Biden at dignified transfer ceremony: 'Total disrespect'
Teen Mom's Leah Messer Reveals Daughter Ali's Progress 9 Years After Muscular Dystrophy Diagnosis
Sam Hunt Shares Rare Insight Into Family Life With Wife Hannah Lee Ahead of Baby No. 2