Texas A&M will spend more than $75 million to oust Jimbo Fisher as football coach

Texas A&M University fired head football coach Jimbo Fisher on Sunday, committing to a $75 million buyout of his contract and a national search for his replacement.

Despite the fact that the decision was made on Sunday, one day after the Aggies defeated Mississippi State 51-10, Bjork stated that he came to the conclusion that a leadership change was required earlier in the week. The suggestion was then communicated to the school’s interim president, Mark Welsh III, and A&M System Chancellor John Sharp, and the topic was considered in executive session with the Texas A&M Board of Regents. Bjork’s only comment was that it was a “robust conversation.”

Bjork broke the news to Fisher on Sunday in what he characterized as a “quick and cordial” discussion. The news was also shared with the players during a meeting on Sunday morning.

Texas A&M will spend more than $75 million to oust Jimbo Fisher as football coach

The $75 million Fisher will owe the university to buy out his contract is the largest money ever due to a football coach. Details of the contract buyout are still being worked out, according to Bjork, but what is owing to Fisher will be paid with donor cash from the school’s 12th Man Foundation and athletic department funds.

Meanwhile, A&M Assistant Coach Elijah Robinson has been designated interim head coach for the team’s final two games of the season, against Abilene Christian University on November 18 and Louisiana State University on November 25.

In 2017, university authorities startled the collegiate football world by announcing the 10-year, $75 million contract that enticed Fisher away from Florida State University. The arrangement was incredible in terms of both duration and guaranteed annual compensation.

After speculations that Fisher could depart A&M for Louisiana State University, the board extended the contract by four years in 2021. Fisher earned $9 million per year during that contract extension.

In comparison, Steve Sarkisian, the head football coach at the University of Texas at Austin, has a six-year contract that guarantees him at least $34.2 million.