Thursday, January 14, 2021

What Budget Crisis? Six Universities Spend $75 Million Firing Their Football Coaches - Michael T. Nietzel, Forbes

 Last Saturday, the University of Texas fired its head football coach Tom Herman. Herman’s buyout will cost the university about $15 million, in addition to an estimated $9 million for his assistant coaches. In his four years at Texas, Herman’s win-loss tally was 32-18, including a 7-3 record and a bowl win this year. Sound like someone you need to get rid of quick, right, to the tune of $24 million?

https://www.forbes.com/sites/michaeltnietzel/2021/01/04/what-budget-crisis-universities-have-spent-75-million-firing-their-football-coaches/?sh=355b86435bec