Current:Home > MarketsBooming buyouts: Average cost of firing college football coach continues to rise -Wealthify
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-15 06:28:02
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! (6)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Climate Change Threatens the World’s Fisheries, Food Billions of People Rely On
- Golnesa GG Gharachedaghi Shares Why She Doesn't Hide Using Ozempic for Weight Loss
- Arctic National Wildlife Refuge Targeted for Drilling in Senate Budget Plan
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Alfonso Ribeiro's Wife Shares Health Update on 4-Year-Old Daughter After Emergency Surgery
- Panel at National Press Club Discusses Clean Break
- What is the GOLO diet? Experts explain why its not for everyone.
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Kate Spade 24-Hour Flash Deal: Get This $280 Crossbody Bag for Just $62
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- The Climate Change Health Risks Facing a Child Born Today: A Tale of Two Futures
- Naomi Jackson talks 'losing and finding my mind'
- One way to prevent gun violence? Treat it as a public health issue
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Fishing crew denied $3.5 million prize after their 619-pound marlin is bitten by a shark
- Situation ‘Grave’ for Global Climate Financing, Report Warns
- Brazil police raid ex-President Bolsonaro's home in COVID vaccine card investigation
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
If you're 40, it's time to start mammograms, according to new guidelines
Angela Paxton, state senator and wife of impeached Texas AG Ken Paxton, says she will attend his trial
Lupita Nyong’o Addresses Rumors of Past Romance With Janelle Monáe
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
How to say goodbye to someone you love
Is gray hair reversible? A new study digs into the root cause of aging scalps
New Samsung Galaxy devices are coming—this is your last chance to pre-order and get $50 off