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Jimbo Fisher's buyout

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geoag58
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greg.w.h said:

geoag58 said:

dabo man said:

Jimbo Fisher Texas A&M contract, buyout clause: Here's how much Aggies owe coach if fired
https://www.statesman.com/story/sports/college/2023/09/09/jimbo-fisher-texas-am-contract-buyout-clause-aggies-coach-fired/70813813007/

Quote:

What is Jimbo Fisher's buyout if fired?

Here's a year-by-year breakdown of Jimbo Fisher's buyout at Texas A&M if the Aggies were to fire him in the season:

2023: $76.8 million
2024: $67.55 million
2025: $58.2 million
2026: $48.75 million
2027: $39.2 million
2028: $29.55 million
2029: $19.8 million
2030: $9.95 million

Don't know if it's been brought up in any of the Fire Jimbo/Hire Elko threads. That's a hell of a lot of money to come up with.


Well the idiots that hired and extended him are the ones who will have to come up with the money.
But Scott Woodard left already. And the Board of Regents also turned over Jim Wilson that hired Sumlin and Byrne that takes responsibility for the Sherman hire. Bob Gates who fired Sumlin is also gone and likely agreed to the Fran hire.

I think this contract needs to play out until the conclusion of the original term at least since it was a strategy design to build in strategic patience to let Jimbo reshape the program not just recruit immediately avd win. I definitely think we as fans are trying yo hard yo push in a string to force everyone yo bow to our wish fulfillment instincts. Our school has not traditionally had a funding advantage like it does now and had clear recruiting disadvantages due to that. We have cleaned ALL of that up, but that's a recent phenomenon historically and correcting funding isn't a magic elixir or token.

The recruiting even got more challenging when NIL contracts for individual athletes was a very recent phenomenon and at first blush it looks like we got out ahead of it as a program.

I think we need to see if the team gets better this year. The Durkin hire seems especially problematic because the scheme isn't a blue collar scheme that most of us are comfortable with. And a sophomore QB is not in every case going to be at peak and that is why great programs take at least one QB per year. There is little doubt in my mind Connor is the kind of QB that can bridge some of the gap the OLine creates between needing a serviceable game manager and a creator. But the team got down after getting behind and didn't maintain energy and the crowd energized the Canes. That's always a sign of a greener team. So they can grow more this year and still change the outcome this year.

Will they? Fan support instead of constant handwringing goes a LONG way. That's why most ADs try to wait until the tail of the season to even consider personnel changes.

But if some of you want to pass the hat to commit the buyout amount to the 12th Man, no one can stop you making those pledges.


I am reading you post but all I am hearing is horsesh**, horsesh**, horsesh**.

Every team that wins championships goes through ups and downs. And these championship teams have turnover everywhere but the ownership. There is a problem with whatever group or person is ultimately in charge of Aggie football. There is your problem.

You can expound on how we need to let the process play out. But the problem has NOT been addressed. Aggie football will never get over the hump until something fixes the problem.

Maybe you can tell us who is the equivalent of the owner of Aggie football since you speak as if you are on the inside.
Fight against the dictatorship of the federal bureaucracy!
AWP 97
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OTredux said:

We are who we are. Second best program in Texas


Are you sure we're second?
Build It
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Our only hope is he was involved in a kickback scheme with is 100 million and they all get exposed. Contract voided and new leadership. W'ell survive the scandal.

greg.w.h
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Logos Stick said:

LMAO at that post.

It's year 6, fellow.
Yes. Of the ten year first contract. Not to mention the intentional extension after the very good 2020 campaign.
Done7
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Just add a 10% "Jimbo" tax to all the concessions sells to pay for the buyout.
Ol_Ag_02
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greg.w.h said:

Logos Stick said:

LMAO at that post.

It's year 6, fellow.
Yes. Of the ten year first contract. Not to mention the intentional extension after the very good 2020 campaign.


Very good campaigns aren't seasons without even a divisional conference title, much less a playoff birth. Very good seasons result in things you hang from the rafters.

Jimbo has had one good year. Not a great year. And his reward for not achieving what we originally hired him to do was to back up the brinks truck and put this University in financial handcuffs.
nothingbutlove
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Texas beats Bama and we lose to Miami.

As a longitme A&M fan, I'm used to punches to the gut, but this was a humdinger.

P.S. I was one of the few on here who thought Fisher was a bad hire.
#1AG777
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2nd best???? Maybe 4th. Baylor and TCU way better over the last 25 years…. Texas Tech would kick our butts this year as well…
BadMoonRisin
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11th Hour said:

Holy ****, we're going to be stuck with this clown for years.
That must be why he doesnt seem to give a single **** at any post-game presser.

I wouldnt either, god damn.
Aggieair
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The SMU boosters committed $200M to cover SMU not getting TV distributions for their first 7 years in the ACC. I feel pretty confident our boosters can cobble together $60-70M over the next 8 or so years to cover a coaching buyout.
greg.w.h
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geoag58 said:

greg.w.h said:

geoag58 said:

dabo man said:

Jimbo Fisher Texas A&M contract, buyout clause: Here's how much Aggies owe coach if fired
https://www.statesman.com/story/sports/college/2023/09/09/jimbo-fisher-texas-am-contract-buyout-clause-aggies-coach-fired/70813813007/

Quote:

What is Jimbo Fisher's buyout if fired?

Here's a year-by-year breakdown of Jimbo Fisher's buyout at Texas A&M if the Aggies were to fire him in the season:

2023: $76.8 million
2024: $67.55 million
2025: $58.2 million
2026: $48.75 million
2027: $39.2 million
2028: $29.55 million
2029: $19.8 million
2030: $9.95 million

Don't know if it's been brought up in any of the Fire Jimbo/Hire Elko threads. That's a hell of a lot of money to come up with.


Well the idiots that hired and extended him are the ones who will have to come up with the money.
But Scott Woodard left already. And the Board of Regents also turned over Jim Wilson that hired Sumlin and Byrne that takes responsibility for the Sherman hire. Bob Gates who fired Sumlin is also gone and likely agreed to the Fran hire.

I think this contract needs to play out until the conclusion of the original term at least since it was a strategy design to build in strategic patience to let Jimbo reshape the program not just recruit immediately avd win. I definitely think we as fans are trying yo hard yo push in a string to force everyone yo bow to our wish fulfillment instincts. Our school has not traditionally had a funding advantage like it does now and had clear recruiting disadvantages due to that. We have cleaned ALL of that up, but that's a recent phenomenon historically and correcting funding isn't a magic elixir or token.

The recruiting even got more challenging when NIL contracts for individual athletes was a very recent phenomenon and at first blush it looks like we got out ahead of it as a program.

I think we need to see if the team gets better this year. The Durkin hire seems especially problematic because the scheme isn't a blue collar scheme that most of us are comfortable with. And a sophomore QB is not in every case going to be at peak and that is why great programs take at least one QB per year. There is little doubt in my mind Connor is the kind of QB that can bridge some of the gap the OLine creates between needing a serviceable game manager and a creator. But the team got down after getting behind and didn't maintain energy and the crowd energized the Canes. That's always a sign of a greener team. So they can grow more this year and still change the outcome this year.

Will they? Fan support instead of constant handwringing goes a LONG way. That's why most ADs try to wait until the tail of the season to even consider personnel changes.

But if some of you want to pass the hat to commit the buyout amount to the 12th Man, no one can stop you making those pledges.


I am reading you post but all I am hearing is horsesh**, horsesh**, horsesh**.

Every team that wins championships goes through ups and downs. And these championship teams have turnover everywhere but the ownership. There is a problem with whatever group or person is ultimately in charge of Aggie football. There is your problem.

You can expound on how we need to let the process play out. But the problem has NOT been addressed. Aggie football will never get over the hump until something fixes the problem.

Maybe you can tell us who is the equivalent of the owner of Aggie football since you speak as if you are on the inside.
There is zero horse**** in my post.
Greg Costanza
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Have we fired the clowns that gave Jimbo that contract?
StonewallAggieDEFENSE
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AWP 97 said:

OTredux said:

We are who we are. Second best program in Texas


Are you sure we're second?

Texas state and tu say "hello"
"If I told you we would beat texas you would say I was braggin'. If I told you we won't beat 'em, I'd be lyin' to you". -Texas A&M Head footbal coach Emory Bellard's response to a reporter before the game, 1975.
bmks270
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These monied decision makers are a lot dumber than you'd think if they agree to these kinds of contracts.

Do they enter agreements that give them no leverage for their businesses?

Money doesn't equal intelligence.
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phillytex24
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nothingbutlove said:

Texas beats Bama and we lose to Miami.

As a longitme A&M fan, I'm used to punches to the gut, but this was a humdinger.

P.S. I was one of the few on here who thought Fisher was a bad hire.


This is shocking.
BTHOtrolls
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4 said:

That might be a lot of money for you and I to come up with, but at $87 p/barrel oil and rising, it isn't undoable for the guys who funded his contract.


TexAgs is about to start covering OPEC meetings like it's the pool party to figure out whether A&M can afford Jimbo's buyout.
Buford T. Justice
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Those four people are, stupid.
"Gimme a diablo sandwhich and a dr. pepper...to go"
northeastag
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South Platte said:

Which begs the question . . . How much does the next guy make? Nobody is going to accept less than Jimbo's current contract terms. Unless you're hiring willie fritz.
Not true. An enterprising young coach will look at the roster and realize it's a great opportunity, even for $5-6mm per, which ain't chump change. Think about this, Deion is making just over half of what Jimbo is making this year.

The real question is how to get Jimbo to take a reduced buyout. At a different school, fan interest would wane, ticket sales would fall, and the cost of not replacing the coach starts to look more expensive that keeping them. But A&M fans are loyal to a fault, and revenue pays no penalty for a bad product on the field.

After a couple years of abject failure and public humiliation, perhaps Jimbo will leave with the old "burned out" excuse.
Actual Talking Thermos
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Bubblez said:

Fire him and simply don't pay the buyout. Take the approach Tceh
I don't think the best and brightest coaches will be clamoring to work somewhere that just publicly screwed over the last guy for nothing more than bad on the field results.
nu awlins ag
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dreyOO said:

4 said:

C@LAg said:

4 said:

That might be a lot of money for you and I to come up with, but at $87 p/barrel oil and rising, it isn't undoable for the guys who funded his contract.
he is here at least 2 more years.

regardless of the price of oil.

If this team no shows again this season and tu wins a conference championship and gets a playoff bid, he's gone. They'll pay it.

I want to believe this is the case. It's pathetic, but I'm sure there are plenty of rich Aggies that get highly motivated when the horns are kicking ass and we are tanking.


Some of them are around my age and remember very well about beating the sips regularly. There are more well off Aggies than most think….
MarylandAG
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Unfortunately, you have to consider the money for the buyout, plus the money you are paying the next guy up. The BMA's would be paying 20% of Jimbo's contract within 60 days, payments of several millon per year over the next several years, plus the new coaches salary. What the heck happens if something goes south with the new coach? Then you are really stuck. I am guessing they realize the mistake, their ego's get in the way, they ride Jimbo out a few more years and hope something changes. Depressing, but it is what it is. I think the best case scenario is that that we can continue to recruit well (but you have to win big games for that that to happen) and that we make staff changes at DC and OL coach. I think that is the realistic ceiling right now.
agracer
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C@LAg said:

agracer said:

11th Hour said:

Holy ****, we're going to be stuck with this clown for years.
That extension was such a colossal mistake.
and yet we do it. every coach. when they have not earned it.
The first contract they have him ($75M for 10-years, GUARANTEED!) was stupid too. HTF does that? Oh, only the Aggies could be so dumb to offer someone the large contract in CFB history. Even Saban didn't have a contract like that.

5-Years I could understand. Guy needs time to 'build his program' so make it 5 with options to be exercised. So after 2020, for all it's crazyness, say, we are going exercise the 2023/2024 options so recruits know he's sticking around.

But to extend him after 2020 AND PAY HIM MORE MONEY, for as good as it was (still LOST to BAMA 52-24), was just so dumb. HTF do the BMA's have that big money, yet make such foolish decisions?
OTredux
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StonewallAggieDEFENSE said:

AWP 97 said:

OTredux said:

We are who we are. Second best program in Texas


Are you sure we're second?

Texas state and tu say "hello"


Regardless of that, we will always be second. Maybe at some point we will simply overtake #1 spot on volume. The decision to explode the size of our university and grow it to 2x what is was will mean our alumni base will overcome the state soon.

I dont like being close to a diploma mill, but it has advantages. The other guys have chosen to be smaller and more elite academically.

So be it.

Soon we will have more money than them.

Maybe it will finally translate into athletic success
W
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that is the million dollar question
W
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the one thing that can create change...

losing to the burnt orange

if the sips roll into Kyle next year and beat the Ags...

the money might be found for the buyout
Jbob04
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Finally, someone else understands this.
AggieDruggist89
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Thank goodness for the inflation... it's chump change now.
JFABNRGR
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geoag58 said:

dabo man said:

Jimbo Fisher Texas A&M contract, buyout clause: Here's how much Aggies owe coach if fired
https://www.statesman.com/story/sports/college/2023/09/09/jimbo-fisher-texas-am-contract-buyout-clause-aggies-coach-fired/70813813007/

Quote:

What is Jimbo Fisher's buyout if fired?

Here's a year-by-year breakdown of Jimbo Fisher's buyout at Texas A&M if the Aggies were to fire him in the season:

2023: $76.8 million
2024: $67.55 million
2025: $58.2 million
2026: $48.75 million
2027: $39.2 million
2028: $29.55 million
2029: $19.8 million
2030: $9.95 million

Don't know if it's been brought up in any of the Fire Jimbo/Hire Elko threads. That's a hell of a lot of money to come up with.


Well the idiots that hired and extended him are the ones who will have to come up with the money.
People who make these kind of decisions never use their own money, always somebody else's, otherwise we would not be where we are now.
Earley Error
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Finebaum is already saying if he doesn't turn it around the buyout is not going to stop him from getting fired. They only have to pay a portion (I think 20-25%) of the remaining contract upfront and the rest is paid out over the remainder of contract term.

If he doesn't go on a winning streak starting this week, he is done. The pressure of whorns and sooners coming in (especially if they come in off of great seasons) will mean he has a much smaller margin of error than anyone realizes. He was 5-7 last year in year 5 in the weakest SEC west in some time. This year the west might even be weaker.
Mattr1015
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You can blame Jay Graham & few others on 12th man BOTs.


I think if we fire him Jay Graham needs to cough up the 75MM because hes the idiot that funded it.

I cant stand our sellout woke AD. He needs to be the first canned in this disaster.
ag-seventy
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Yes, it was a huge mistake!
I say don't fire him and pay out $76.8m. No amount of success is worth giving Fisher that much more money. We have been s___y for years, suck it up and ride it out for 7 or 8 years. I won't live long enough for an SEC Championship much less CFP.
'70/S7/RV
ag-seventy
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Amen Bro.
'70/S7/RV
Flashdiaz
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this is what's going to happen because it's the aggie way.

our offense will look better than last year which will give us a slightly better record than last year.
Defense will continue to suck and cost us games.
Jimbo will hire a new defensive coordinator for next year buying him at least 2 more years.
Seamaster
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any buyout would be incredibly irresponsible.

we're stuck with him.
 
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