Thursday 24 February 2011

Five-Step Drop: FSU Signs Jimbo Fisher to Lucrative Extension

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1. It didn't take Jimbo Fisher very long to prove his worth to the Florida State administration. Fisher, who went 10-4 in his first season, signed a five-year, $13.75 million contract which raises his total pay package by just under $1 million per season. According to the Orlando Sentinel, the Noles increased Fisher's buyout from a variable figure of $500,000 to $725,000 to a flat $2 million. Sounds like both parties are in it for the long haul.

2. Apparently you can forget those "Randy Shannon will be Randy Edsall's defensive coordinator at Maryland" rumors. The Terps have promoted linebackers coach Todd Bradford to the coordinator job, according to ESPN.com's Heather Dinich. She notes that a report circulating on Wednesday had Shannon, whose Miami contract was bought out after the season, losing at least $1.5 million in buyout money if he took the Maryland job. There are no reports on how much Shannon would have made at Maryland, but you have to figure it was a lot less than $1.5 million. You can't fault Shannon for making the smart economic decision, particularly since he won't have trouble finding another job once the buyout is safely in his bank account.

 

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Source: http://ncaafootball.fanhouse.com/2011/02/17/five-step-drop-fsu-signs-jimbo-fisher-to-lucrative-extension/

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