Hey Aggies what are you hearing?

From the Texas Tribune this morning: $75 million buyout.

Texas A&M University is expected to fire head football coach Jimbo Fisher on Sunday, according to two sources familiar with discussions.

The university will owe Fisher more than $75 million to buy out his contract, a record amount of money owed to a football coach.

According to a source familiar with discussions, no public money will be used to pay out the massive contract. When major college football programs buy out their football coaches, they often use donor funds. The Texas A&M University System directed questions to the university athletics department, which did not immediately respond to a request for comment. A press conference announcing the decision is expected later Sunday.

The A&M System Board of Regents, which hires and fires athletic coaches, discussed firing the football coach during the executive session portion of their board meeting last week, sources confirm. TexAgs, an A&M fan site, first reported the decision.

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University administrators stunned the college football world when they announced the 10-year, $75M contract in 2017 that lured Fisher away from Florida State University. The deal was staggering for both its duration and its guaranteed annual pay.

In 2021, the board extended the contract by four years after reports that Fisher might leave A&M for Louisiana State University. Under that extension, Fisher made $9 million annually.

This guy knows. He’s dialed in.

I'm ok with letting him go. He was an average coach. But, who are we going to get? Not like there are dozens of top shelf coaches out there who want to come here.

You can’t fire him after a win.

Kingsbury..... .

Leach rolled over in his grave last night

Dave Aranda might be available

You would think they already have their target right?

I would imagine their mind was made up a couple weeks ago. Already have a target and a plan in place to try to keep players and recruits.

The logical replacement is Elko. Can probably keep most defensive players and recruits.

Not necessarily a splash hire is it? That seems like more of a lateral move for A&M, hell just paid Jimbo for another year and see what you can find next year.

$75,000,000.00

Yo Jimbo made out like a bandit, he's probably the only happy one in this whole situation.

Saw on twitter that the board of regents and AD made the decision Thursday.

They didn't want Jimbo to beat LSU.

Nice that they will use donors' funds to pay that $75 million, and not public funds. Still, if I were a donor I would wonder if that's how I intended my gift to be blown.

I have a feeling that $75 million is a Hookers and Blow fund level for some of the donors. Like one of us spending $50 on a gun raffle ticket or something. We are aware of it, but consider it to be worth while.

Unfortunate, that’s a big check for a guy to go away.

75 million could build a nice dorm complex, update some buildings etc.

True. My wife works in a 1960's era building on campus. It needs to be torn down and replaced, but nobody really cares. Football is exciting. People come to watch. Hell, the attendance (officially) at last nights game between two mediocre teams was 103,000!!! Nobody wants to thrown money at good, necessary items when excitement is more...exciting.

We did a tour. I was shocked at the state of some of the buildings. The education building looked straight outta the 60s with no changes.

Dorms that are on campus, not much better. I judge dorms by how many window units I see. A&M was up there with Ole Miss.
There are apartments across the street.

The union building was old, but kept up nicely. The building with the flags.

The whole tour I thought Jimbos buyout could do a lot of updates.

$75 Million...well, bye! I would leave in a heart beat.

Jimbo Fisher will get paid more to NOT coach Texas A&M than his former QB — Jameis Winston — has been paid in his entire NFL career.

I read he has no offset in his contract. So he will get the full 76.8 million, plus can get a job immediately.

He could certainly get a Miss State type job for 5 million a year.

Never heard of him.