Probing the business of buyouts in college football
Through week 10 of the college football season, the ledger on what universities owe their former coaches in buyouts was nearly $185 million. It all commenced in week three when Virginia Tech decided to fire head coach Brent Pry, who was owed a buyout of $6 million. Not to be outdone, UCLA followed suit, dismissing DeShaun Foster and incurring a $6.43 million tab. By week four, Oklahoma State joined the fray, cutting ties with Mike Gundy at a cost of $15 million. Week five brought Arkansas into the spotlight, as Sam Pittman’s exit added another $8.7 million to the coaching ...