Current:Home > NewsBooming buyouts: Average cost of firing college football coach continues to rise -Infinite Edge Capital
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-14 16:05:12
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! (8265)
Related
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Turkey's parliament approves Sweden's NATO membership, lifting key hurdle to entry into military alliance
- NYC issues public health advisory about social media, designates it an environmental health toxin due to its impact on kids
- Jim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Sofía Vergara Shares Her One Dating Rule After Joe Manganiello Split
- French farmers edge closer to Paris as protests ratchet up pressure on President Macron
- Report on sex abuse in Germany’s Protestant Church documents at least 2,225 victims
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Michael Mann’s Defamation Case Against Deniers Finally Reaches Trial
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- After family feud, Myanmar court orders auction of home where Suu Kyi spent 15 years’ house arrest
- Supreme Court allows Alabama to carry out first-ever execution by nitrogen gas of death row inmate Kenneth Smith
- Violent crime in Los Angeles decreased in 2023. But officials worry the city is perceived as unsafe
- What to watch: O Jolie night
- Stock market today: Asian shares mostly rise, led by gains in Chinese markets following policy moves
- Hillary Clinton reacts to Margot Robbie, Greta Gerwig Oscars snub: You're both so much more than Kenough
- 'Still calling them Toro Rosso': F1 team's rebrand to Visa Cash App RB leaves fans longing
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
A record number of Americans are choosing to work part-time. Here's why.
Seattle will pay $10 million to protesters who said police used excessive force during 2020 protests
Billy Idol talks upcoming pre-Super Bowl show, recent Hoover Dam performance, working on a new album
Trump issues order to ban transgender troops from serving openly in the military
Egypt lashes out at extremist Israeli leaders after Netanyahu says IDF must seize Gaza-Egypt buffer zone
Transgender veterans sue to have gender-affirming surgery covered by Department of Veteran Affairs
Mel B’s Major Update on Another Spice Girls Reunion Will Make You Stop Right Now