Current:Home > InvestBooming buyouts: Average cost of firing college football coach continues to rise -WealthRoots Academy
Booming buyouts: Average cost of firing college football coach continues to rise
SafeX Pro View
Date:2025-04-11 09:51:44
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! (93533)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- When Uncle Sam stops paying the childcare bill
- House Republican duo calls for fraud probe into federal anti-poverty program
- 95-year-old painter threatened with eviction from Cape Cod dune shack wins five-year reprieve
- Current, future North Carolina governor’s challenge of power
- Ex-Dodgers pitcher Trevor Bauer resolves litigation with woman who accused him of assault
- UK Home Secretary Suella Braverman wows some Conservatives and alarms others with hardline stance
- FDA investigating baby's death linked to probiotic given by hospital
- North Carolina justices rule for restaurants in COVID
- Montana inmates with mental illness languish in jail awaiting treatment before trial
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Ronaldo gets 1st Asian Champions League goal. Saudi team refuses to play in Iran over statue dispute
- Northern California seashore searched for missing swimmer after unconfirmed report of a shark attack
- Rep. Matt Gaetz files resolution to oust Kevin McCarthy as speaker of the House
- The Super Bowl could end in a 'three
- Celebrate October 3 With These 15 Secrets About Mean Girls
- Sleater-Kinney announce new album ‘Little Rope’ — shaped by loss and grief — will arrive in 2024
- Missing 9-Year-Old Girl Charlotte Sena Found After Suspected Campground Abduction
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Supreme Court to hear CFPB case Tuesday, with agency's future in the balance
Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks
Department of Defense official charged with running dogfighting ring
Woman dies after Singapore family of 3 gets into accident in Taiwan
Taiwan issues rain and strong wind alerts for Typhoon Koinu that’s approaching the island
Police raid on Kansas newspaper appears to have led to a file on the chief, bodycam video shows
The UN food agency says that 1 in 5 children who arrive in South Sudan from Sudan are malnourished