Current:Home > StocksBooming buyouts: Average cost of firing college football coach continues to rise -Trailblazer Wealth Guides
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-13 08:07:52
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! (5251)
Related
- Average rate on 30
- Bangladesh’s ruling party holds rally to denounce ‘violent opposition protests’ ahead of elections
- Willie Nelson looks back on 7 decades of songwriting in new book ‘Energy Follows Thought’
- 'Huge' win against Bears could ignite Chargers in wide open AFC
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Barack Obama on restoring the memory of American hero Bayard Rustin
- Coach Fabio Grosso hurt as Lyon team bus comes under attack before French league game at Marseille
- Tyrod Taylor, Darren Waller ruled out of Giants game against Jets after injuries
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- SoCal's beautiful coast has a hidden secret: The 'barrens' of climate change
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Fantasy football risers, fallers: Jahan Dotson shows off sleeper potential
- Credit card interest rates are at a record high. Here's what you can do to cut debt.
- Maine police alerted weeks ago about threats from mass shooting suspect
- What do we know about the mysterious drones reported flying over New Jersey?
- Tennessee Titans players voice displeasure with fans for booing Malik Willis
- More than 70 people are missing after the latest deadly boat accident in Nigeria’s north
- Former White House press secretary Jen Psaki writes about her years in government in ‘Say More’
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
EPA to Fund Studies of Toxic ‘Forever Chemicals’ in Agriculture
Steelers' Diontae Johnson rips refs after loss to Jaguars: 'They cost us the game'
6 teenagers shot at Louisiana house party
Trump's 'stop
Thanks, Neanderthals: How our ancient relatives could help find new antibiotics
32 things we learned in NFL Week 8: Shifting landscape ahead of trade deadline
6 teenagers shot at Louisiana house party