Current:Home > ContactBooming buyouts: Average cost of firing college football coach continues to rise -Momentum Wealth Path
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-16 04:01:34
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! (89)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Regal Cinemas offer $1 tickets to select kids' movies this summer: See more movie deals
- It is way too hot. 160 million under alert as heat breaks records and a bridge
- Dutch name convicted rapist to Olympic beach volleyball team; IOC says it had no role
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- What the White House and the president's doctor's reports say about Biden's health
- What's it like to guide the Rolling Stones on stage? Chuck Leavell spills his secrets
- Gen Z is experiencing 'tattoo regret.' Social media may be to blame.
- Senate begins final push to expand Social Security benefits for millions of people
- WNBA rookie power rankings: Caitlin Clark, Angel Reese top list after record performances
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Is Mercury in retrograde right now? Here's what the planetary shift means for you.
- Nevada's Washoe County votes against certifying recount results of 2 local primaries
- NYC man and Canadian national plead guilty to exporting U.S. electronics used in Russian weapons in Ukraine
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Justice Sonia Sotomayor’s security detail shoots man during attempted carjacking, authorities say
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Split Peas
- Fraternity and sorority suspended as Dartmouth student’s death investigated
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Houston residents left sweltering after Beryl with over 1.7 million still lacking power
Jennifer Garner and Ben Affleck’s Daughter Violet Affleck Speaks Out About Health in Rare Speech
Pennsylvania's new license plate is a patriotic tribute ahead of America's 250th birthday
Senate begins final push to expand Social Security benefits for millions of people
McDonald's brings back Smoky BLT Quarter Pounder with Cheese: See when you can get it
Gypsy Rose Blanchard is pregnant: 'I want to be everything my mother wasn't'
Mississippi man charged with stealing car that had a baby inside; baby found safe