Despite eating a record $76 million buyout, Texas A&M felt they could no longer wait for head coach Jimbo Fisher to prove his worth.
The University sent shockwaves through the college football world by firing Fisher, a decision that will see them pay Jimbo nearly $100 million NOT to coach.
With no off-setting clause in the contract, it’s clear that Fisher’s agent (Jimmy Sexton) put on a masterclass in contract negotiation.
Jimbo Fisher Fired🔥$76 million buyout💰
Did you know Texas A&M just fired its head football coach Jimbo Fisher and is paying $76 million to get rid of him?#shorts pic.twitter.com/ySHmbJNmC3
— Did You Know This Thing (@DidYouThisThing) November 13, 2023
This is what Fisher has to look forward to – and he’s expected to collect every single penny…
Jimbo Fisher's Unprecedented Texas A&M Buyout
Within 60 Days: $19.4M
Within 120 Days: $7.27M
2025: $7.27M
2026: $7.27M
2027: $7.27M
2028: $7.27M
2029: $7.27M
2030: $7.27M
2031: $7.27MTotal Buyout: $77.56M
— Spotrac (@spotrac) November 12, 2023
The $76 million buyout is more than triple the second-highest in college football history.
In case you are wondering, and I know you are, here are the top-five known buyouts in the crazy world of college football coaching…
#1. Jimbo Fisher: Texas A&M ($76 million)
#2. Gus Malzahn: Auburn ($21.5 million)
#3. Charlie Weis: Notre Dame ($19 million)
#4. Willie Taggert: Florida State ($18 million)
#5. Tom Herman: Texas ($15.4 million)
Jimbo Fisher's buyout is triple the second-highest in college football history 👀@skhanjr explains how the Aggies will go about paying the rest of Fisher's lucrative contract ⤵️https://t.co/uqKiNfDz8n pic.twitter.com/RTHOhtI9cK
— The Athletic (@TheAthletic) November 12, 2023
Needless to say, the reaction to the unprecedented buyout was exactly what you’d think it’d be…
“Texas A&M is expected to fire head coach Jimbo Fisher as early as today, according to
@billyliucci … Fisher has already been paid $44 million for a 45-25 record and will now collect his $76 million buyout at home … Being a fired football coach is the best job in America.”
Texas A&M is expected to fire head coach Jimbo Fisher as early as today, according to @billyliucci.
Fisher has already been paid $44 million for a 45-25 record and will now collect his $76 million buyout at home.
Being a fired football coach is the best job in America. pic.twitter.com/wqYbTs5g6C
— Joe Pompliano (@JoePompliano) November 12, 2023
“DAMNNNN…. And “they” worry about the players getting the amount of money they with their NIL deals, that money is sooo small & insignificant compared to that “you’re fired” money.”
DAMNNNN…. And “they” worry about the players getting the amount of money they with their NIL deals, that money is sooo small & insignificant compared to that “you’re fired” money 😂😂😂
— The Fun Guy “OctobersVeryOwn” (@OctobersOwn8080) November 12, 2023
“When I grow up, I want to be a middle of the road College Football Head Coach and collect multi-million dollar buyouts.
When I grow up, I want to be a middle of the road College Football Head Coach and collect multi-million dollar buyouts.
— Jeff Wright (@1991Wolfpack) November 12, 2023
“Its crazy, But he truly has done a horrible job there. Probably wish they had Sumlin back. AM thinks they can buy there way to prosperity.”
its crazy, But he truly has done a horrible job there. Probably wish they had Sumlin back. AM thinks they can buy there way to prosperity.
— NAH! (@CARMODITYBROKER) November 12, 2023
“Texas A&M CFO right now:”
Texas A&M CFO right now: pic.twitter.com/8IurzBvK4c
— SecureCypher.eth (@SecureCypher) November 12, 2023
What a world…
Jimbo Fisher will get paid more to NOT coach Texas A&M than his former QB — Jameis Winston — has been paid in his entire NFL career. pic.twitter.com/lJG23D3lKH
— Front Office Sports (@FOS) November 12, 2023
As far as A&M goes, who do you think should be their top target as Fisher’s replacement???