Jimbo Fisher buyout: How much does he owe Florida State after leaving for Texas A&M?


Jimbo Fisher was a priority target for Texas A&M after its firing of Kevin Sumlin. The Aggies were able to get their man, wooing the Florida State coach away from Tallahassee with a contract worth $7.5 million annually over a ”likely” 10 years, according to KPRC’s Randy Mcllvoy.

The deal between Aggies and Jimbo Fisher has been done. Sources with knowledge of the process say 7.5 million /yr. For "Likely" 10 yrs. Negot. Began with at least 5 yrs..I am told he will arrive Sunday evening. Approval Monday followed by introduction @AggieFootball #Aggies

— Randy McIlvoy (@RandyMcIlvoy) December 1, 2017

However, there still unfinished business on the part of FSU, namely regarding how much Fisher owes to the university now that he has departed for another job. According to Fisher’s contract, since he has left Florida State on his own volition, he will be required to pay the combined salaries of the assistant coaches not kept by the school.

Fortunately for Fisher, he will have 30 days to do so, and the resulting number would be quite low. It certainly would be compared to both his annual salary at Florida State – $5.5 million for the 2017 season – and the amount of money Texas A&M is paying him.

Florida State’s next step? Finding a coach to replace Fisher. If the program is to get back to the heights it enjoyed during the national championship season of 2013, it is a decision it cannot get wrong.

The post Jimbo Fisher buyout: How much does he owe Florida State after leaving for Texas A&M? appeared first on Diehards.


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