April 6, 2025 Trending New York News

Largest Buyout Ever: Texas A&M Allocates $75 Million To Bid Farewell To Jimbo Fisher

The decision by Texas A&M to fire head coach Jimbo Fisher is rocking waves in the college football world. However, what makes this decision really unprecedented is the whopping sum of $75 million awarded as a buyout—a figure which smashes all the previous records on such a payment to a football head coach.

While expressing gratitude for Coach Fisher’s time at Texas A&M, Bjork disclosed that the $75 million buyout would be covered by donor dollars from the school’s 12th Man Foundation and athletic department funds. The financial implications of this move are unprecedented, setting a new bar for coaching buyouts in the world of college sports.

Athletic Director Ross Bjork, the architect behind this monumental decision, emphasized the necessity of a change in leadership for Aggie football to realize its full potential. In a statement, he revealed that following a meticulous examination of all aspects pertaining to Texas A&M football, he advised President Welsh and subsequently Chancellor Sharp that a shift in the program’s leadership was imperative for Aggie football to realize its full potential. They endorsed his recommendation.

Jimbo Fisher

For the remainder of the season, A&M Assistant Coach Elijah Robinson steps into the role of interim head coach, overseeing the team’s final two games against Abilene Christian University and Louisiana State University.

President Welsh, shedding light on the rationale behind the decision, stated, “The decision to part ways with Coach Fisher is the result of a thorough evaluation of the football program’s performance, and what’s in the best interest of the overall program and Texas A&M University.” 

He expressed confidence in Athletic Director Ross Bjork’s ability to conduct a national search for Fisher’s replacement, emphasizing the importance of finding a coach aligned with the values that drive Texas A&M.

The initial shock of Fisher’s hiring in 2017 was marked by a 10-year, $75 million contract—a deal that was both unprecedented in duration and guaranteed annual pay. University administrators were willing to invest heavily in Fisher, who had previously won a national championship in Florida, with the goal of bringing similar success to Texas A&M. At present, Jimbo Fisher’s net worth stands at $94.95m. 

However, during his tenure at Texas A&M, Fisher has not reached the high expectation levels provided for in his fat contract. Jimbo Fisher recorded 45-25 all-time and had an excellent performance in 2020. However, this year with an average position of 6 wins and 4 losses, the team did not deliver what the university expected it to bring in terms of championship.

The amount of money expended in the contract is big compared to the other coaching contracts. Accordingly, Steve Sarkisian, the University of Texas at Austin, football coach is entitled to earn at least one-sixth of Jimbo Fisher’s amount totalling $34.2 million for six years.

Once the dust settles on that historic decision, college football fans will keep an eye on Texas A&M’s transition following the $75 million separation with coach fisher.

in News
Banner
Related Posts

Rainbow Bridge Border Tragedy: Husband And Wife Killed In Bentley Explosion

December 7, 2023

December 7, 2023

In a startling turn of events at the border crossing between the United States and Canada, a devastating incident has...

Yemen’s Forgotten Crisis: A Closer Look at the War’s Impact on Civilians

November 24, 2023

November 24, 2023

In the Middle East, there’s a country called Yemen. It used to have a lot of culture and history, but...

NFL Showdown: New Orleans Saints VS. Jaguars – The Game To Determine The Season’s Fate

November 10, 2023

November 10, 2023

In the exciting world of professional football, the clash between two go-getter teams can send waves of excitement and expectation...

How to avoid infection with the Chinese virus

February 22, 2020

February 22, 2020

The inability to have more accurate estimates of the number of infections has also made it difficult to understand the...

Regis Prograis vs. Devin Haney : A Clash Of Titans

December 22, 2023

December 22, 2023

In an exciting match, Devin Haney, the undefeated and unified lightweight champion, is hastening in weight to face Regis Prograis,...

Tustin Hanger Fire: WWII Hanger Engulfed in Massive Fire

November 24, 2023

November 24, 2023

A devastating fire has torn through the historic WWII blimp hangar at the former Marine Corps Air Station Tustin. This...

Streaming Secrets: Where Can I Watch Downton Abbey For Free?

November 13, 2023

November 13, 2023

Just as Lady Violet savored the finer things in life, you can now indulge in the elegance of Downton Abbey...

Sunny’s Eclipse: WWE Legend Faces 17 Years In Prison For DUI Manslaughter

December 20, 2023

December 20, 2023

In a shocking turn of events, former WWE Hall of Famer Tamara Lynn Sytch, widely known as “Sunny,” has been...

How does it really feel to be infected with coronavirus?

March 9, 2020

March 9, 2020

The coronavirus continues to be the main theme of our day to day. The number of infected people continues to...

Trevor Lawrence: Charting the Phenomenal Ascent Of Jacksonville Jaguars’ Young Quarterback

November 10, 2023

November 10, 2023

Amid the buzz of football excitement, one player is stealing the show and changing the game for the Jacksonville Jaguars....

Exclusive: Nicki Minaj’s ‘Pink Friday 2’ – A Wand-Waving Return To Rap Dominance

December 22, 2023

December 22, 2023

Nicki Minaj, the queen of rap, gifted her loyal fanbase, the Barbz, with an unforgettable present on her 41st birthday....

Yemen’s Courageous Stand: A Beacon Of Hope For Palestine Amid Global Silence

November 24, 2023

November 24, 2023

The active genocide and human rights violations in Palestine have garnered significant worldwide attention. Nonetheless, the Israeli government remains backed...

The United States already has more than 1,000 cases that have tested positive for the coronavirus

March 11, 2020

March 11, 2020

31 deaths in the United States have now been linked to the coronavirus, and at least 36 states have confirmed...

Coronavirus, the University of Shanghai: “34 invisible cases that have infected the world from China”

March 6, 2020

March 6, 2020

The coronavirus has spread at an impressive rate. The reason? For a study conducted by the University of Shanghai there were ” 34...

US suicides hit an all-time high last year

September 25, 2023

September 25, 2023

Record-Breaking Crisis: U.S. Suicides Hit An All-time High Last Year In United States history, the year 2022 is the darkest...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *