Posted December 31, 2013

Jimbo Fisher signs new Florida State deal

NCAAF
Jimbo Fisher has been rumored to be a candidate for the Texas job. (Streeter Lecka/Getty Images)

Jimbo Fisher has been rumored to be a candidate for the Texas job. (Streeter Lecka/Getty Images)

Florida State football coach Jimbo Fisher signed a new contract the school announced Tuesday.

The No. 1-ranked Seminoles are preparing for the BCS national championship game against Auburn, Jan. 6 at the Rose Bowl in Pasadena.

Sources told the Tallahassee Democrat after the ACC Championship Game earlier this month that Fisher was going to earn at least $4 million per year plus incentives — a deal that would make him one of the nation’s 10 highest-paid football coaches.

Fisher had been in the second year of a five-year deal that paid him $2.75 million annually. His overall record at FSU is 44-10, which includes last year’s ACC Championship and Orange Bowl victory.

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Fisher has been rumored to be a candidate for the Texas head coach job. The Seminoles hope this new contract will keep Fisher in Tallahassee.

“We are extremely pleased with the direction of our program and believe that this new contract will assure that Coach Fisher is in place to lead the Seminoles for a long time to come,” athletic director Stan Wilcox said in a statement. “Coach Fisher enjoys the full support of the leadership of the university and we look forward to the continued success of our football program on the field and in the classroom.”

The yet-to-be announced buyout numbers of his new contract will be a key to whether or not he remains an unofficial candidate for the Longhorns.

Texas athletic director Steve Patterson expects to hire a new head coach by Jan. 15.

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4 comments
megalodale
megalodale

Texas is sure making a lot of coaches rich.  Classic.

And the thing of it is, they have their next coach pretty much signed, sealed and delivered, and are just waiting for the bowl season to end to announce it.

WilyCoyoteSuperGenius
WilyCoyoteSuperGenius

This headline is utterly misleading. These coaching contracts hardly "lock-up" a coach. These useless documents are nothing but huge raises for already overpaid football coaches. They do not "lock" the coach into a set term, as evidenced by the frequent flight of coaches to the next better offer. These contracts are pathetic, one-sided documents that no responsible attorney would approve. A contract commits BOTH parties to fulfillment. This scam has resulted in the rise of college coaching pay to obscene levels. The truth is that football is a money losing proposition for all but a handful of colleges. The "honor" of attending a Bowl game generally results in a couple million dollar hit to the athletic department budget. But they are a nice high profile showcase for coaches looking for that next job or big raise.

FredFlintsone
FredFlintsone

And I want to thank the Texas longhorns for their much publicized still vacant high $$$ job opening. We couldn't have done it without you Austin. Thank You Texas