Jimbo Fisher contract details: Texas A&M head coach has an incredibly sweet deal
Football coaches across the country are going to start reaching out to the agent that works for Jimbo Fisher.
Details of Fisher’s contract were acquired by Saturday Down South, outlining some of the specifics for Texas A&M’s head coach. And it’s a pretty sweet deal for Fisher.
Here’s a brief look at some of the information regarding Fisher’s contract. More information can be found on the Saturday Down South website.
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Annual Compensation: $500,000
Supplemental Compensation: $7,000,000
Possible Incentives: $50,000 for winning SEC Coach of the Year; $100,000 for winning the West division; $150,000 for having an APR score higher than 965; $200,000 for winning the SEC Championship; $100,000 for bowl game outside of the New Year’s Six, $200,000 for a New Year’s Six bowl appearance, $300,000 for College Football Playoff appearance, $500,000 for College Football Playoff title game appearance, $1,000,000 for winning the National Championship.
Termination Without Cause: Texas A&M agrees to pay Fisher liquidated damages in an amount equal to the total compensation that would have been paid to Fisher for the remaining term of the agreement.
Termination With Cause: All obligations of Texas A&M to make further payments or provide any further consideration shall cease as of the date of termination.
If Fisher terminates the deal: The parties agree that Fisher may terminate his deal without cause prior to its expiration by giving written notice of the termination of the agreement to the school. In such event, Fisher will have no financial obligation to Texas A&M, except for earned but unpaid compensation or other amounts due under this contract.