Current:Home > FinanceBooming buyouts: Average cost of firing college football coach continues to rise -ProgressCapital
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-24 19:50:12
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! (8353)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Friday the 13th freebies: Feel lucky with deals from Krispy Kreme, Wendy's, Pepsi
- Tua Tagovailoa's latest concussion: What we know, what's next for Dolphins QB
- Throw It Back to the '90s With Old Navy's Limited-Edition Reissue Collection of Iconic Vintage Favorites
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- How police failed to see the suspected Georgia shooter as a threat | The Excerpt
- Former President Barack Obama surprises Team USA at Solheim Cup
- Biden administration appears to be in no rush to stop U.S. Steel takeover by Nippon Steel
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Florida sued for using taxpayer money on website promoting GOP spin on abortion initiative
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Teen Mom's Jenelle Evans Reacts After Son Jace Says He Feels Safer Without Her Ex David Eason
- Meet Little Moo Deng, the Playful Baby Hippo Who Has Stolen Hearts Everywhere
- Congo court sentences 3 Americans and 34 others to death on coup charges
- Giants, Lions fined $200K for fights in training camp joint practices
- An ex-Pentagon official accused of electrocuting dogs pleads guilty to dogfighting charges
- This Weekend Only: 40% Off Large Jar Yankee Candles! Shop Pumpkin Spice, Pink Sands & More Scents for $18
- Bill would ban sports betting ads during games and forbid bets on college athletes
Recommendation
Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
Another player from top-ranked Georgia arrested for reckless driving
These Iconic Emmys Fashion Moments Are a Lesson in Red Carpet Style
The Bachelorette's Jenn Tran and Jonathon Johnson Step Out Amid Romance Rumors
DoorDash steps up driver ID checks after traffic safety complaints
Clock is ticking for local governments to use billions of dollars of federal pandemic aid
The Best Amazon Fashion Deals Right Now: 72% Off Sweaters, $13 Dresses, $9 Tops & More
Asteroid Apophis has the tiniest chance of hitting earth in 2029 – on a Friday the 13th