Jimbo Fisher’s four-year contract extension to Texas A&M worth more than $ 9 million a year

Texas A&M has awarded football coach Jimbo Fisher a four-year contract extension that raises his average annual salary to more than $ 9 million, the school announced Wednesday.

Fisher, entering his fourth season at Texas A&M, originally signed a ten-year, $ 75 million contract when he was hired outside the state of Florida after directing the Seminoles program for eight seasons. Fisher’s new deal will keep it for ten years, now in effect until December 31, 2031, and will be worth more than $ 90 million.

He ranks him second nationally behind Nick Saban of Alabama as the highest paid coaches in college football. Saban received an increase and an expansion this summer that will bring it to an average of $ 10.6 million annually during the 2028 season.

Fisher, who is 26-10 years old in three seasons at Texas A&M, will receive an annual salary of $ 9 million as of January 1, 2022, an amount that increases to $ 9,150,000 on January 1, 2022. 2023. Fisher’s base salary increases by $ 100,000 each of the following years, with the rest of the incentives for performance being the same, the school said.

“Texas A&M University’s investment in our program, staff training and facilities speaks to our vision of leadership and its commitment to long-term success,” Fisher said in a statement. “I am grateful for the unwavering support of the administration, faculty and staff, the donors of our 12th Man Foundation, the Aggie Network and the 12th Man, the largest and strongest student section in the country. It is an honor to be Head coach of Texas A&M football, and while I’m proud of the progress we’ve made, we’re not done yet. “

The Aggies, ranked No. 6 in The Associated Press’ preseason poll, finished a spot outside the College Football Playoff last season and finished the No. 4 campaign nationally after winning eight games in a row, including a decision by 41-27 over North Carolina. to the Capital One Orange Bowl. They open the season Saturday against Kent State.

At Florida State, Fisher led the Seminoles to the 2013 national championship. He won at least 10 games in six of his eight seasons at Tallahassee.

Credit – https://www.espn.com/college-football/story/_/id/32122972/sources-texas-jimbo-fisher-finalizing-extension-2030-worth-more-9m-annually