Before the end of the year, John James “Jimbo” Fisher Jr., the recently fired head football coach at Texas A&M University, will receive a $19.4 million contract buyout payment. Then, over the next eight years, he’ll receive annual $7.27 million installments until his $77 million contract is fulfilled.
That’s a college coaching buyout record, and Fisher isn’t alone in getting a hefty paycheck sans working. According to ESPN, American colleges and universities have spent more than $500 million on fired coaches between 2010 and 2021. Since 2022, the total has increased by $70 million, not including Fisher’s.
from Hacker News https://ift.tt/l019LCh
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