Thursday December 7, 2023

Texas A&M Firing Jimbo Fisher, Paying $76M Buyout

  • The buyout on Fisher’s contract is worth at least $75 million and could be as much as $76.8 million.
  • The transaction could cost the Aggies between $100 million and $150 million.
Texas A&M Aggies head coach Jimbo Fisher before the game between the Texas A&M Aggies and the Arkansas Razorbacks at AT&T Stadium.
Jerome Miron-USA TODAY Sports
Copy Link
Link Copied
Link Copied

UPDATE (11/12): Texas A&M officially announced Fisher’s firing. This story has been updated to reflect the development.

The Jimbo Fisher era in College Station will be a costly mistake for Texas A&M.

TAMU is has officially fired its head football coach;’s Billy Liucci was the first to report on Fisher’s departure.

Texas A&M’s Board of Regents reportedly decided to part ways with Fisher during a meeting on Thursday but is only taking action on it Sunday. 

The buyout on Fisher’s contract is worth at least $75 million and could be as much as $76.8 million — more than 15 programs paid in buyouts combined last year — but the transaction will likely be even more expensive for the university.

Besides the outrageous buyout price, TAMU will have to buy out Fisher’s entire staff and pay the next coach and the staff when a deal is reached. That means the dismissal could cost the Aggies anywhere between $100 million and $150 million.

The language of Fisher’s contract also won’t be doing Texas A&M any favors: His deal requires 25% (about $19.5 million) of the buyout to be paid immediately and contains no offset language — meaning TAMU will be paying Fisher regardless of whether he ends up signing with another school, per Darren Rovell.

Assuming this is indeed the end for Fisher, he’ll leave College Station with a 45-25 as the head of the Aggies after generally underwhelming with the program’s enormous resources: Last season, Texas A&M became the first known program to record a losing season after attracting the nation’s top recruiting class.

The 58-year-old earned $9.1 million per season — good enough to make him the eight-highest-paid head coach in college football.

Copy Link
Link Copied
Link Copied

What to Read

NCAA President Charlie Baker has proposed new rules that would allow athletes to receive more compensation.

New NCAA Proposal Takes Step Toward Compensating Athletes

It does not allow athletes to become employees, however.

Seminoles’ CFP Snub Opens New Front in Disney vs. Florida War

Florida lawmakers are already considering legislation to protest the College Football Playoff's exclusion of Florida State.
Dallas Cowboys quarterback Dak Prescott throws a pass during the first half against the Seattle Seahawks at AT&T Stadium.

Amazon Bounces Back With Record Viewership

The Dallas Cowboys’ win over the Seattle Seahawks averaged 15.26 million viewers.
podcast thumbnail mobile
Front Office Sports Today

Why the NBA May Have Made Billions With Midseason Tournament


Featured Today

The College Football Playoff is considering rotating TV networks for the national championship game.

CFP Considers Super Bowl-Like Rotation For National Championship Game

Multiple networks could share rights to the championship game, sources told FOS.
Brett Favre
November 27, 2023

Favre Welfare Case Hold-Up? "AG’s Office Has Not Expressed Interest In Pursuing"

The DOJ interviewed Brett Favre in early 2020.
The future of the Pac-12 rests on a court decision.
November 24, 2023

The Pac-12 Plays Its Final Regular-Season Game. Then A Court Decides Its Fate.

The conference's future rests with a court decision.
Lane Kiffin
November 9, 2023

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit

FOS obtained audio of Lane Kiffin's interaction with the player behind lawsuit.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple Locations
Multiple Locations
Creative Artists Agency
Multiple Locations
Five professional sports labor unions have endorse college athletes becoming employees.

Five Pro Sports Unions Endorse College Athlete Employment

The MLBPA, NFLPA, NBPA, NHLPA, and MLSPA weighed in.
December 3, 2023

After Unbeaten FSU’s Snub, Financial and Legal Fallout

FSU, ACC to take sizable revenue hit despite Seminoles' undefeated season.
JMU football has been spending like a Group of 5 team for years. Now it will play its first bowl game.
December 4, 2023

James Madison, the FCS Team That Spent Like an FBS Team To Become One

The Dukes have been spending like a Sun Belt program for years.

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
Florida lawmakers already have an appetite to propose state legislation to protest Florida State not making the College Football Playoff.
December 3, 2023

Florida Lawmakers Consider Protesting Florida State CFP Omission

It's unclear what form a bill would take.
December 1, 2023

TV Networks Are Programming College Football’s Future: What’s Next

Conference championship weekends will have a different feel in the future.
A lawsuit against the university of Oregon could dictate the future of Title IX and NIL.
December 1, 2023

New Lawsuit Could Decide Whether NIL Is Subject To Title IX

It's one of the biggest unanswered questions of the NIL era.