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Dec 30, 2023 · Buyouts refer to a financial arrangement built into the contracts of college coaches that allows the university or athletic department to terminate the coach’s employment before the contract term ends. In return, the coach receives a pre-determined amount of compensation.
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Six active coaches have buyout clauses that would pay each more than $50 million if they were fired without cause, topped by Georgia’s Kirby Smart ($92.5 million), LSU’s Brian Kelly ($70 million) and Penn State’s James Franklin ($64.5 million).
- eolson@ap.org
- Sports Writer
Oct 26, 2016 · For some football head coaches, getting fired for not winning enough games is a pretty straightforward proposition: Turn in your university property, vacate your office and collect whatever...
Nov 21, 2021 · The university will owe Mullen $12 million in buyout money after Sunday's dismissal. He will receive $6 million over the next 30 days before receiving $1 million every July 15 through 2027.
- Ben Pickman
Nov 15, 2023 · Six active coaches have buyout clauses that would pay each more than $50 million if they were fired without cause, topped by Georgia's Kirby Smart ($92.5 million), LSU's Brian Kelly ($70...
Nov 14, 2023 · ESPN. Texas A&M's record $76 million contract buyout for fired football coach Jimbo Fisher accounts for more than half of the approximately $146 million Power 5 schools owe to fired head...
Oct 16, 2021 · BAD DEALS:Five worst deals among college football coaches contracts. EXPLOSION:The astronomical rise of pay for college football coaches. Justin Fuente, Virginia Tech. Buyout: $10 million