Clay Today will test your knowledge weekly and provide interesting facts on various topics. This week, the cost college programs absorb to buy out football coaches’ contracts. There’s a lot of …
This item is available in full to subscribers.
To continue reading, you will need to either log in to your subscriber account, below, or purchase a new subscription.
Please log in to continueDon't have an ID?Print subscribersIf you're a print subscriber, but do not yet have an online account, click here to create one. Non-subscribersClick here to see your options for subscribing. Single day passYou also have the option of purchasing 24 hours of access, for $1.00. Click here to purchase a single day pass. |
Clay Today will test your knowledge weekly and provide interesting facts on various topics. This week, the cost college programs absorb to buy out football coaches’ contracts. There’s a lot of chatter from Florida Gator fans about getting rid of head coach Billy Napier and Florida State fans to dump Mike Norvell following both teams' slow starts and a not-so-prosperous future. But to do so will cost the athletic associations – the money doesn’t come from the tax-supported universities – $27.7 million to buy Napier and $65 million for Norvell. Contract buyouts have become big business for head coaches and their agents. Auburn still pays two former head coaches – Gus Malzahn ($21.45 million) and Hugh Freeze ($25.188). Texas A&M set the record for paying former FSU coach Jimbo Fisher $77 million to leave the Aggies’ sidelines in 2017, well short of his extension to 2031. Charlie Weis got $19 million from Notre Dame to leave Notre Dame early in 2004, and Charlie Taggart was given $18 million as a parting gift from Florida State before the 2018 season ended if he’d leave after going 9-12, including going a combined 0-5 against Florida, Miami and Clemson. After FSU, Taggart coached three years at Florida Atlantic, but he was fired there, too, which led to a $3 million buyout. In comparison, if the Seminoles were to fire Norvell, the amount of money they’d have to pay him is the same as the current annual budget for the City of Green Cove Springs.