The now-former Aggies coach couldn’t deliver on his promises for success. Boardroom breaks them down the historic numbers behind the Jimbo Fisher buyout at Texas A&M.
@boardroom The biggest Golden (Maroon) parachute in college sports history. #jimbofisher #collegefootball #ncaafootball #secfootball #sportsbusiness ♬ original sound – Boardroom
Can you imagine getting paid millions of dollars for being bad at your job?
Around this time each year, college football fans everywhere find themselves thinking about the economics of the buyout. In 2023, Texas A&M’s Jimbo Fisher is the first big-name coach to get the axe. The 6-4 Aggies delivered the news last weekend, wishing Fisher the best as the program decided to go in another direction.
Despite the disappointment, Jimbo Fisher secured a historic buyout, worth an estimated $76 million. That’s $26,301 PER DAY not to coach.
Boardroom breaks down the essential numbers of Jimbo’s tenure in College Station and the financial blow that the Aggies absorbed.