Texas A&M fires Jimbo Fisher: Sixth-year coach owed more than $75 million in record college football buyout
University regents reportedly met in an executive session ahead of Texas A&M's Week 11 game

https://www.cbssports.com/coll...llege-football-buyout/

I'm pretty sure he will be okay. And, that somebody will pick him up. Cheaper this time ,though. Probably only $6M/year.

75 million...why work at all? Buy your own football team.

He's gonna be okay. With belt tightening, some solid financial planning and a bit of luck, he will make his way out of this rainstorm and join guys like Scott Frost, Willie Taggert, Charlie Weiss, Muschamp, and Malzahn. In the end, working for money is not easy, bargaining for it though, that is apparently where the magic happens.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

How the hell does a football coach rate that kind of money from a public university. We've got a serious problem with priorities in this country.

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“The United States now faces a different kind of violence, from people who will tell you that they are for ‘liberty’ and ‘freedom,’ but these are merely code words for personal grudges, racial and class resentments, and a generalized paranoia"

Very few private univerisities are in that economic league. Maybe USC and Notre Dame.

Who are these peoples' lawyers? These are the geniuses here.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Tx A&M it 'self will not pay a single .01 of that 76mil ...... DEEP pocket boosters will fork up the $$$$$ to send Ol Jimbo packing.

And YES, The USofA has a very serious problem with priorities.

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"Most people would die sooner than think; in fact, they do." - Bertrand Russell


"Morality is doing what is right, regardless of what you are told. Religion is doing what you are told, regardless of what is right.


If I do not answer you .... nothing personal, I just have you on ignore.

Edited: 11/16/2023 at 01:09 PM by LBLarry

It sounds like Texas A&M will pay a good portion of it (assuming the Athletic Dept is not a separate entity). From the Washington Post -

"In A&M's case, Athletic Director Ross Bjork told reporters "unrestricted contributions" to A&M's 12th Man Foundation (a fan-funded group separate from the school) would shoulder the initial payment to Fisher ($19.4 million by January) and the athletic department budget would make adjustments to cover the rest over the long haul."

Further, they will have to pay his assistants, too Also from the Post -

"In a hilarious understatement, Bjork described Fisher's tab as "monumental." But to the rest of the industry, it's a massive windfall: A&M not only has to pay out Fisher's deal but also the contracts of his assistants, who will almost certainly not be retained by the next coach."

https://www.washingtonpost.com/sports/2023/11/15/jimbo-fisher-buyout-insane/

Not a bad gig if you can get it...

The AD is being more than a little disingenuous.

They are for all practical purposes setup like a "foundation" and basically are a "separate entity" from the university/school it' self. As such, they DO NOT have to publicly disclose pretty much anything. Including how it is funded or how the funds are spent. TRUST ME ..... the athletic dept will receive "donations" to offset ALL of the $$$$ needed to send Ol Jimbo (and any and all assistants) on down the road.

-------------------------
"Most people would die sooner than think; in fact, they do." - Bertrand Russell


"Morality is doing what is right, regardless of what you are told. Religion is doing what you are told, regardless of what is right.


If I do not answer you .... nothing personal, I just have you on ignore.

Batter up:
Texas A&M and Duke's Mike Elko have reached an agreement to make him the school's next head coach, sources told ESPN on Sunday.