• Loading stock data...
Tuesday, April 23, 2024
  • -
  • -
  • -
  • -

Schools Owe Fired CFB Coaches A Record $118M In Buyouts (So Far)

  • Fired college football coaches continue to earn record buyouts from top schools.
  • The 2023 season will likely be the most expensive ever, surpassing 2021's total.
Robert Goddin-USA TODAY Sports

College football’s regular season is over, and the tab for fired head coaches keeps growing at a record pace.

After Indiana finished with a record of 3-9, the Hoosiers fired head coach Tom Allen, who agreed to a $15.5 million settlement. Houston ended the season with a 4-8 record and is firing coach Dana Holgorsen, who will receive nearly $14.8 million in buyout money.

Those two figures, which are worth a combined $30.3 million, take this season’s total amount of buyout money owed to coaches to more than $118 million — well past what was believed to be the single-season record of $94 million in 2021, according to Yahoo Sports.

Of course, the main driver of this season’s insane buyout figures is the $76 million Texas A&M will be paying to Jimbo Fisher, who was fired just two years after signing a 10-year, $95 million contract extension. 

More To Come?

Here’s how all the buyouts shake out for coaches who have been fired so far:

  • Texas A&M’s Jimbo Fisher: $76 million
  • Indiana’s Tom Allen: $15.5 million
  • Houston’s Dana Holgorsen: $14.8 million
  • Mississippi State’s Zach Arnett: $4.5 million
  • Syracuse’s Dino Babers: $4 million (estimate; private school)
  • Boise State’s Andy Avalos: $3 million
  • New Mexico’s Danny Gonzales: $400,000

The list could grow even further as the fates of other coaches on the hot seat are determined. 

Meanwhile, Michigan State would have owed fired head coach Mel Tucker $80 million in buyout money, but the school is so far off the hook for that sum because he was let go over allegations of sexual harassment.

Copy Link
Link Copied
Link Copied

What to Read

The WNBA Boom Goes Beyond Caitlin Clark

Ticket sales and prices are way up from last year.

Long Saga of Botched Timberwolves Sale Heads to Mediation

The battle for the team could be resolved before next season, an expert says.

Phoenix’s NHL Future on Ice: Can Meruelo Reactivate the Coyotes?

NHL commissioner Gary Bettman acknowledges there could be a repeat of local political opposition.

Caitlin Clark and the Fever to Receive Even More TV Coverage

The WNBA team is placing 17 games on over-the-air stations in the Indianapolis area.
podcast thumbnail mobile
Front Office Sports Today

Randy Johnson, Bird Savior


Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Multiple - USA Careers
Multiple - USA Careers

‘Give Them the Real’: Why Dawn Staley ‘Spoiled’ Local South Carolina Reporters

Staley’s love for the local media leads to more coverage and passionate fans.
April 19, 2024

Players Accused of Sexual Misconduct Can Still Compete, Feds Say

New Title IX rules ban suspending accused athletes until a school investigation occurs.
Dec 27, 2023; San Diego, CA, USA; USC Trojans wide receiver Kyron Hudson (10) celebrates after scoring a touchdown against the Louisville Cardinals during the first half at Petco Park.
April 19, 2024

Hearings Have Concluded in the Pivotal USC Athlete Employment Case. What’s Next?

The potentially landmark labor case could end the NCAA amateurism model.

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 19, 2024

Memphis and FedEx Strike Unique Corporate NIL Deal For $25 Million

The logistics company has a long-standing relationship with the university.
April 17, 2024

NCAA Made Empty Threats to Jim Harbaugh over Lawyer’s Twitter Posts

The attorney kept criticizing the NCAA on social media after the October warning.
April 11, 2024

‘Nothing Is Off the Table’: New AAC Commissioner Isn’t Afraid of the Controversial Ideas

Tim Pernetti told reporters he’s specifically interested in private equity—and didn’t rule out athlete employment or unionization models.
April 10, 2024

Deion Sanders: NFL Teams Manipulate Draft Positions

Coach Prime joined ‘Front Office Sports Today’ to discuss the state of college football.