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College Football Buyouts Hit Record $228 Million as Coaching Carousel Accelerates

The record payouts have intensified scrutiny of guaranteed contracts across college athletics.

Overview

  • Industry data show schools owe about $228 million to 15 fired head coaches in 2025, nearly $100 million more than any previous season.
  • Brian Kelly leads reported payouts at roughly $54 million, with Mark Stoops at $38 million, Jonathan Smith at $33.5 million, and James Franklin reduced to $9 million after taking the Virginia Tech job.
  • Five SEC firings account for approximately $136.1 million in obligations, underscoring the conference’s concentration of high-cost separations.
  • Lane Kiffin left Ole Miss midseason for LSU on a reported seven-year, $90 million deal at $13 million per year that guarantees 80% of remaining salary if he is fired without cause.
  • Buyouts are typically triggered by “without cause” dismissals, and administrators and observers are questioning the ethics and fiscal sustainability of contracts that heavily protect coaches.