Texas A&M fires coach Jimbo Fisher, a move that will cost the school $75M

[dalton99a]

https://apnews.com/article/jimbo-fisher-fired-texas-am-aggies-buyout-0c58ef59a450d0924cca56410c74bc43

Texas A&M fires coach Jimbo Fisher, a move that will cost the school $75M
By KRISTIE RIEKEN
Updated 11:20 AM CST, November 12, 2023

Texas A&M fired coach Jimbo Fisher on Sunday, a move that will cost the school more than $75 million and end a tenure that began six years ago with the Aggies presenting him an engraved national championship trophy missing only the year.

“After very careful analysis of all the components related to Texas A&M football, I recommended to President (Mark) Welsh and then Chancellor (John) Sharp that a change in the leadership of the program was necessary in order for Aggie football to reach our full potential and they accepted my decision,” Texas A&M athletic director Ross Bjork said in a statement. “We appreciate Coach Fisher’s time here at Texas A&M and we wish him the best in his future endeavors.”

Instead of winning a title, Fisher went 45-25 and 27-21 in the Southeastern Conference, never winning more than nine games in any season. The Aggies are 6-4 with two games left, coming off a 51-10 victory against Mississippi State on Saturday night in College Station, Texas.

According to his contract, Fisher is owed the entirety of what remains on his deal — regardless of whether he gets another job in coaching — a staggering buyout that is more than triple the largest known given to a fired head coach.

...

[patphil]

1. It just underscores the immense amount of money in colllege sports.

He probably was getting paid as much or more than many professional head football coaches.

[jimfields33]

2. Professional football doesn't contribute to other sports

College football pays for all the other sports in college who do not have revenue to run their own programs. Hence the big money. Colleges get a great deal with their football programs.

[BannonsLiver]

14. Most DUers reflexively hate football

Almost none of them understand that it pays the freight for non revenue programs like women’s basketball, softball etc. that make zero money and have to be subsidized by football.

[catsudon]

5. the best retirement plan for all A list college football coaches

i want to be fired too from Texas A&M. don't need to work anymore.

heck maybe they will have a tom landry AI in the future. or whoever

[rubbersole]

3. Always a mediocre coach at best.

Won a national title by overlooking rape charges against his star quarterback.

[Chainfire]

4. I wouldn't mind a losing season for 75 million....

[ok_cpu]

7. From ESPN

According to the terms of the contract, Texas A&M will owe Fisher $19.2 million within 60 days and then pay him $7.2 annually through 2031. There is no offset or mitigation on those payments, and the annual payments start 120 days after termination.

[Prairie Gates]

6. You try to wrap your head around the dopes who negotiated THAT deal

But then you remember that they're professional university admin, with the genius trustees signing off, and all becomes clear.

These are the same trustees that spiked Kathleen McElroy's hire *after the fact* for political reasons, costing the school a $1 million dollar settlement (she went back to her tenured position at UT and banked the mil...nice work, dumbasses).

[Chainfire]

9. Don't Universities exist as a life support system for football?

[Laurelin]

8. My alma mater

Morans.

[Bludogdem]

10. The School isn't paying

The oil rich deep pockets of A&M alumni will foot the bill.

[Paladin]

13. Rick Perry would pay all $75M, if I had my way.

He could afford it, given all the big-money pimping he's done for A&M, over the years.

[walkingman]

11. Colleges should never have tuition - just force the sports programs to support academia.

[hatrack]

12. Well, they sacrificed 11 students to Teh Football God back in 1999 . . .

So I wish I could say I was surprised.



https://en.wikipedia.org/wiki/1999_Aggie_Bonfire_collapse