A&M Sure Likes Spending Money

[Baron]

Jimbo Fisher is fired. $76 million paid on buyout.

 

[TXFF]

Jimbo Fisher is fired. $76 million paid on buyout.

Let the feeding frenzy begin!

 

[tejasrulz]

I applied for the job, only asking 50M guaranteed. Figure I'm a bargain!

For my coordinators, I'll just use HornSports users since we have so many experts on here!

 

[Baron]

I would assume Elko and Traylor are the leaders for HC.

 

[82Horn]

I applied for the job, only asking 50M guaranteed. Figure I'm a bargain!

For my coordinators, I'll just use HornSports users since we have so many experts on here!

Can I apply to be one of the assistant coaches ?

 

[tejasrulz]

Can I apply to be one of the assistant coaches ?

You're hired!

 

[Soldierhorn]

Jimbo Fisher is fired. $76 million paid on buyout.

but... but... they already had the national championship ceremony w/plaque

 

[Soldierhorn]

3rd(?)portal entry so far

 

[TexCoyote]

Whoever did that contract for A&M should be fired. So they go 10 years $75M guaranteed. Ok so that’s who they wanted so ok. But then just a few years in they add like 5 more years and a BUNCH more money guaranteed. At that point he wasn’t even doing as good as Sumlin. So why not wait a few more years and see if you still want to extend him? Teams weren’t beating down his door to get him……..he wasn’t going anywhere. The extension for more years and make him one of the highest paid coaches in the country just made ZERO sense. That’s how he is now owed $76M.

 

[Hiwood]

so how does this buyout work, if he were to coach again do the payments stop or does he owe TAMU

 

[PTA]

How often is an HC fired after a convincing win?

 

[Soldierhorn]

Do you think silly lucy is right?

 

[dssl]

Whoever did that contract for A&M should be fired. So they go 10 years $75M guaranteed. Ok so that’s who they wanted so ok. But then just a few years in they add like 5 more years and a BUNCH more money guaranteed. At that point he wasn’t even doing as good as Sumlin. So why not wait a few more years and see if you still want to extend him? Teams weren’t beating down his door to get him……..he wasn’t going anywhere. The extension for more years and make him one of the highest paid coaches in the country just made ZERO sense. That’s how he is now owed $76M.

Initially when they hired him away from fsu, they really wanted him, and made him a ridiculous offer, with terms that were all in jimbos favor. After he had a descent year in 2019 lsu was allegedly pursuing him, so aggy felt they needed to make his contract even more ridiculous.

Another odd aspect of his contract if memory surves me, is that he had no buy out, so could freely take a different job if he chose, and aggy wouldn't get anything. This essentially made it cheaper for lsu to make him an attractive offer.

You would think they would have gotten some performance benchmarks built into the contract, plus it sounds like if he gets another job, aggy doesn't get any financial relief, which is typical in these contracts.

 

[Soldierhorn]

 

[Sunkist]

so how does this buyout work, if he were to coach again do the payments stop or does he owe TAMU

It’s so bad that he is still guaranteed the money. Nothing is offset.

 

[Big Daddy Cane]

so how does this buyout work, if he were to coach again do the payments stop or does he owe TAMU

That provision was not in the buyout. He keeps the money even if he coaches next year. Aggy effectively won a bidding war against themselves.

 

[Big Daddy Cane]

Initially when they hired him away from fsu, they really wanted him, and made him a ridiculous offer, with terms that were all in jimbos favor. After he had a descent year in 2019 lsu was allegedly pursuing him, so aggy felt they needed to make his contract even more ridiculous.

Another odd aspect of his contract if memory surves me, is that he had no buy out, so could freely take a different job if he chose, and aggy wouldn't get anything. This essentially made it cheaper for lsu to make him an attractive offer.

You would think they would have gotten some performance benchmarks built into the contract, plus it sounds like if he gets another job, aggy doesn't get any financial relief, which is typical in these contracts.

The problem is that you are applying logic to aggy thinking.

 

[Big Daddy Cane]

Do you think silly lucy is right?

The initial contact was generous, but somewhat understandable. It was the extension that did them in.

 

[Big Daddy Cane]

How often is an HC fired after a convincing win?

When a replacement is already in the wings, imo.

 

[Hiwood]

that prick Jimmy Sexton (jimbo's agent) is ROTFLMAO, because Im sure his annuity from the contract just kicked in