Contracts Detail Millions in College Coach Buyouts

Underperformance has prompted questions about the cost of changing several major college football programs’ head coaches, though the articles describe speculation rather than imminent decisions for Michigan, LSU or Texas A&M. Michigan’s Kyle Whittingham has a five-year, $41 million contract, with 75% of his remaining salary owed if fired without cause; LSU’s Lane Kiffin is due $13 million annually on a seven-year deal, with 80% of remaining salary guaranteed in that circumstance. Texas A&M recently extended Mike Elko through 2031 on a six-year, $69 million deal, as fans scrutinize the team’s uneven season. Nebraska has taken a more immediate step, firing offensive coordinator Dana Holgorsen after a loss to Illinois and handing play-calling duties to Glenn Thomas, while head coach Matt Rhule remains under pressure. Rhule’s contract is 90% guaranteed, and his reported buyout was $63 million entering 2026, though it declines over time and could potentially be reduced through negotiation.