Current:Home > InvestBooming buyouts: Average cost of firing college football coach continues to rise -Triumph Financial Guides
Booming buyouts: Average cost of firing college football coach continues to rise
View
Date:2025-04-25 20:37:53
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! (63354)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Why we love Children’s Book World near Philadelphia
- Hamas attack at music festival led to chaos and frantic attempts to escape or hide
- Powerful earthquakes kill at least 2,000 in Afghanistan
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- The Marines are moving gradually and sometimes reluctantly to integrate women and men in boot camp
- Making Solar Energy as Clean as Can Be Means Fitting Square Panels Into the Circular Economy
- Some GOP candidates propose acts of war against Mexico to stop fentanyl. Experts say that won’t work
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- New York, New Jersey leaders condemn unprecedented Hamas attack in Israel
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Man arrested over alleged plot to kidnap and murder popular British TV host Holly Willoughby
- Some in Congress want to cut Ukraine aid and boost Taiwan’s. But Taiwan sees its fate tied to Kyiv’s
- From Coke floats to Cronuts, going viral can have a lasting effect on a small business
- 'Most Whopper
- She survived being shot at point-blank range. Who wanted Nicki Lenway dead?
- Flights at Hamburg Airport in Germany suspended after a threat against a plane from Iran
- An Alabama city says a Mississippi city is dumping homeless people; Mississippi city denies misdeeds
Recommendation
The Daily Money: Spending more on holiday travel?
Opinion polls show Australians likely to reject Indigenous Voice to Parliament at referendum
Man arrested in Germany after the body of his young daughter was thrown into a canal
Dodgers on the ropes after Clayton Kershaw gets rocked in worst outing of his career
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Keep the 'team' in team sports − even when your child is injured
Heidi Klum and Daughter Leni Klum Step Out in Style to Celebrate New Lingerie Ad Campaign
Targeting 'The Last Frontier': Mexican cartels send drugs into Alaska, upping death toll