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Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

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Deals & Investments November 18, 2023
Boardroom Staff

Inside the Insane Numbers of Jimbo Fisher’s Texas A&M Buyout

Photo by Justin Ford/Getty Images
Last Updated: April 17, 2024
The now-former Aggies coach couldn’t deliver on his promises for success. Boardroom breaks them down the historic numbers behind the Jimbo Fisher buyout at Texas A&M.
@boardroom The biggest Golden (Maroon) parachute in college sports history. #jimbofisher #collegefootball #ncaafootball #secfootball #sportsbusiness ♬ original sound – Boardroom

Can you imagine getting paid millions of dollars for being bad at your job?

Around this time each year, college football fans everywhere find themselves thinking about the economics of the buyout. In 2023, Texas A&M’s Jimbo Fisher is the first big-name coach to get the axe. The 6-4 Aggies delivered the news last weekend, wishing Fisher the best as the program decided to go in another direction.

Despite the disappointment, Jimbo Fisher secured a historic buyout, worth an estimated $76 million. That’s $26,301 PER DAY not to coach.

Boardroom breaks down the essential numbers of Jimbo’s tenure in College Station and the financial blow that the Aggies absorbed.

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Boardroom Staff