Jimbo Fisher fired as Texas A&M head coach, still owed $76 million

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Texas A&M fired coach Jimbo Fisher on Sunday, a move that will cost the school more than $75 million and end a tenure that began six years ago with the Aggies presenting him an engraved national championship trophy missing only the year.

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"After very careful analysis of all the components related to Texas A&M football, I recommended to President (Mark) Welsh and then Chancellor (John) Sharp that a change in the leadership of the program was necessary in order for Aggie football to reach our full potential, and they accepted my decision," Texas A&M athletic director Ross Bjork said in a statement. "We appreciate Coach Fisher’s time here at Texas A&M, and we wish him the best in his future endeavors."

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Instead of winning a title, Fisher went 45-25 and 27-21 in the Southeastern Conference, never winning more than nine games in any season. The Aggies are 6-4 with two games left, coming off a 51-10 victory against Mississippi State on Saturday night in College Station, Texas.

Fisher was lured away from Florida State, where he had won a national championship in 2013, by a massive 10-year, fully guaranteed contract at the end of the 2017 season.

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That contract was extended back to 10 years after he led the Aggies to a 9-1 record during the 2020 pandemic season, by far A&M’s best year under Fisher.

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According to his contract, Fisher is owed the entirety of what remains on his deal — regardless of whether he gets another job in coaching — a staggering buyout that is more than triple the largest known given to a fired head coach.