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FSU’s Jimbo Fisher’s Extension to be Worth At Least $44 Million

More so than at any point in the past, being a top-tier head coach in college football is about as financially exclusive as coaching in the NFL.

That was brought to the forefront when Michigan doled out countless millions to pull Jim Harbaugh from the NFL ranks earlier this month.

Now comes news that Florida State head coach Jimbo Fisher’s extension (agreed to last month) will be worth at least $44 million over the eight years of the deal.

The Tallahassee Democrat was the first to report the financials of the ridiculous extension. 

Fisher will get paid $225,000 in base salary over the course of the season every two weeks until 2022, and will be paid $4,775,000 in “additional compensation” for the 2015 season. The additional compensation total will increase by $100,000 every season until the end of the contract. Fisher will also make $1.2 million if he stays at Florida State until the contract ends.

Fisher could earn a $100,000 bonus if FSU finishes first in the Atlantic Coast Conference’s Atlantic Division and plays in the ACC title game; wins the ACC title game; is a participating team in the College Football Playoff; in any of the CFP bowls games during a year that game does not decide the CFP; and finishes the season in the Top 10 of the final CFP poll.

The paper goes on to indicate that Fisher will earn $50,000 if the team plays in any non-playoff bowl, $75,000 is he’s named AP Coach of the Year, $200,000 if the team wins the National Championship and a total of $250,000 if Florida State’s football program meets self-imposed GPA requirements.

Those incentives are all in addition to the bare-minimum of $44 million Fisher is set to make over the eight years.

Talk about being in the money.

Photo: USA Today

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