• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Mike Farrell Sports

Mike Farrell Sports

College Football Recruiting, Opinion, and Analysis

  • Player Promotion
  • Recruiting
  • Portal
  • Fact or Fiction
  • Mind of Mike
  • Draft
  • Sponsors
  • About

Athletic Directors Keep Handcuffing Themselves With Ludicrous Coaching Contracts

Are athletic directors trapping themselves in outrageous coaching contracts that hinder their programs?

Staff| October 29, 2024 (Updated: July 24, 2025)
FacebookTweetPin

By Rock Westfall


Last year, the Texas A&M Aggies paid Jimbo Fisher over $75 million to get out of town after extending him with a $95 million contract in 2021 to prevent Fisher from bolting to the LSU Tigers. Fisher got his deal after a 9-1 record in the 2020 COVID season, which was the only campaign in which he met expectations in his six years at College Station.

The Fisher debacle was a portent. In many cases, if a college football coach can put together one promising season, he will hit the lottery and get extended. Agents such as Jimmy Sexton, who may be the most powerful and influential man in college football, play schools off each other and terrify athletic directors into backing up the truck.

This year, we are seeing numerous cases of athletic directors and schools handcuffing themselves with terrible contracts based on panic attacks induced by manipulative agents like Sexton, who play them like a violin. Yet, interestingly enough, ADs rarely pay for such mistakes.

In some cases, fan and donor demands make it politically impossible to let coaches walk. But in most cases, the contract extensions are too early, too big, and unnecessary.

The Jimbo Fisher buyout breakdown via @cjogara is just staggering.

For comparison, Charlie Weis' mind-boggling buyout with Notre Dame was $19 million when he was fired in 2009.

Notre Dame could have bought out Weis 3 more times & STILL spent less than A&M if they can Jimbo. 🤯 pic.twitter.com/FHLav2rGtS

— College Sports Only 🏈🏀⚾️ (@CollegeSportsO) October 5, 2022

More Sports News

SEC

TRENDING: SEC Program Sees Another Player Get Arrested

Which Top FCS Wide Receivers Might End Up in the Portal?

Aug 31

Which Six Programs Had a Disappointing Number of Players Named to Watch List?

Arch Manning

Quarterback Is the Big Question for Some Championship Contenders

Which FCS Preseason All-American Running Backs Might End Up in the Portal?

SEC

Biggest Surprise and Biggest Disappointment in the SEC Will Be…..

2026 Edge/LB Brody Epple

Spotlight on Michigan Recruiting: 2026 Edge/LB Brody Epple

Biggest Surprise and Biggest Disappointment in the ACC Will Be?

TRENDING: 24-Year-Old Former 5-star RB Retires From the NFL

Nov 16

TRENDING: Unfortunate Injury News Already Making Billy Napier’s Seat Warmer

2026 WR RJ Corbey

2026 WR RJ Corbey is the Leader of Western Albemarle in 2025

TRENDING: Top MAC Players Give Insight on NIL/Transfer Chaos


Mike Alford Overseeing Catastrophe at Florida State 

Mike Alford might be having one of the worst seasons for an athletic director in history. After spending over a year whining that the Atlantic Coast Conference was not good enough for Florida State, and wasting millions of dollars on legal fees trying to escape, Alford had to return, hat in hand, to work out a new TV deal with the ACC, since no other league wanted FSU and never did.  

Meanwhile, after coach Mike Norvell led the Seminoles to a 12-1 record and a near miss for the 2023 College Football Playoff, Alford rushed to extend him for eight years with a buyout of $84 million.

This season, Norvell is 1-7 and has been exposed for neglecting recruiting in favor of the transfer portal. Once his players quit on Norvell after the CFP snub, FSU was left holding an empty bag. A different coach could have done no worse and avoided the golden handcuffs.

FSU should really consider moving on from Mike Alford for the horrendous extension he signed for Mikey….. https://t.co/3Y84Ntlbsx

— TRiUMPh🇺🇸 (@FSUnoleSC) October 27, 2024


Joe Castiglione: Too Much, Too Soon With Brent Venables 

Brent Venables arrived at Oklahoma for the 2022 season and compiled records of 6-7 and 10-3 in his first two years. Based on perceived improvement and Oklahoma’s move to the SEC, athletic director Joe Castiglione extended Venables last summer with a new deal worth over $51 million.

This year, after failing to keep 2024 Heisman Trophy contending QB Dillon Gabriel (now at Oregon), Venables banked on 5-star recruit Jackson Arnold. The change backfired as Arnold has spent much of the season on the bench due to poor performances. Oklahoma is 4-4 and in serious jeopardy of missing a bowl game, with a murky future and a discredited head coach.  

“We didn’t live up to the standard today” – Brent Venables in his press conference (probably)

Yea, you haven’t lived up to the standard at all in any of your three years as HC. We are literally the laughing stock of the SEC

— Ronny Crimson (@RonnyCrimson69) October 26, 2024


Jennifer Cohen Inherits the Miserable Life of Riley

Lincoln Riley left Oklahoma for the USC Trojans in November 2021 and was rewarded by then-AD Mike Bohn with a 10-year deal worth $110 million. It is undeniable that, at the time, the hiring was celebrated as a coup.

But now, current AD Jennifer Cohen is stuck with a coach performing worse than his predecessor, Clay Helton, and facing a 4-4 start with thousands of empty seats at the Los Angeles Coliseum. With a buyout of around $90 million, USC and Riley find themselves stuck with each other.

Lincoln Riley's reported buyout figure at USC would make even Jimbo Fisher blush.https://t.co/AwyDyVf1DW

— Zach Barnett (@zach_barnett) October 25, 2024


Wren Baker Oversees Brownout at West Virginia  

Last year, West Virginia head coach Neal Brown was on one of the hottest seats in the land. But Brown scraped together a 9-4 record, only his second winning season in five years, to escape the firing squad. Athletic director Wren Baker gambled that it was a sign of better days to come and extended Brown through 2027. Baker did manage a buyout of 75% of the remaining contract that pays a little more than $4 million per season.

But West Virginia is 4-4 and going nowhere fast this season. Because of the extension and West Virginia’s mid-tier status, Brown should be safe for at least next year, much to the annoyance of Mountaineer fans, who believe the contract was unnecessary based on one decent season out of five. 

BREAKING: “Fire Neal Brown” billboards are now up across Morgantown! #WVU pic.twitter.com/tLHS3QuOyy

— The Voice of Morgantown (@voicemorgantown) October 28, 2024


Terry Mohajir Pays Big for Broken Gus Bus  

And then there is the case of Gus Malzahn of Central Florida and his athletic director, Terry Mohajir. Gus arrived at UCF after being fired at Auburn and getting a $21.7 million buyout.

Once upon a time, the Gus Bus was a big deal when he went 12-2 in his first year (2013) as Auburn’s head coach while nearly winning the national championship. At that time, he was celebrated as the man who would reinvent the game. 

However, following that initial success, Malzahn lost at least four games in every remaining season that he was at Auburn. Occasionally, he upset Nick Saban and Alabama to avoid the posse and appease the faithful, gaining an extension in 2017. 

At UCF Gus went 9-4 and 9-5 in his first two seasons in the American Athletic Conference. A 6-7 record followed that in 2023 when UCF joined the Big 12. But in the midst of that struggling campaign, Malzahn was extended through 2028 with a buyout of almost $14 million.

Previously, Scott Frost and Josh Heupel performed much better for far less money at UCF. There is no indication that Malzahn will be able to jumpstart the Gus Bus, as the inconsistency that got him fired at Auburn has carried over to UCF, a school that should be doing big things in a weaker Big 12 Conference.

The more money that keeps coming into college football, the more it is blown on coaching contract handcuffs and massive buyouts. It’s an eternal cycle with no end in sight..  

We long for a day when schools declare, “enough is enough.”

But don’t hold your breath. 

Gus Malzahn knowing he has a $14M buyout from UCF after getting bought out by Auburn for $24M only 4 years earlier. pic.twitter.com/R2WY6RYSdg

— 💰 UCF Bagman Capital (@Chrisbagmancap) October 26, 2024

Category: College Football, NewsTag: ACC, Alabama, Big 12, Brent Venables, Clay Helton, College Football Playoff, Dillon Gabriel, Gus Malzahn, Heisman Trophy, Jimbo Fisher, Joe Castiglione, Lincoln Riley, Mike Norvell, Neal Brown, Nick Saban, Scott Frost, SEC, USC Trojans, West Virginia Mountaineers
FacebookTweetPin

You’ll Also Like


Julian Sayin

Has Ohio State’s Julian Sayin Emerged as QB Front Runner?

Can Any FCS Team Compete Against the Montana and Dakota Schools in 2025?

Eric Singleton Jr.

3 Key Auburn Tigers Who Could Spark the Offense in 2025

Michigan head coach Sherrone Moore watches a play during the second half of the spring game at Michigan Stadium in Ann Arbor on Saturday

Quick Reactions to USA Today Coaches Poll

Hugh Freeze

Grace Period Over: Updates on the Third Year P4 Head Coaches

Josh Heupel

Game Predictions for the 2025 Tennessee Volunteers


  • Facebook
  • X
  • Instagram
  • YouTube

© 2025 · All Rights Reserved

Powered by the BizBudding Publisher Network

Privacy Manager