CNN —The firing of Jimbo Fisher will reportedly cost Texas A&M University about $77 million to buy out his contract, according to multiple reports and the salary tracking website Spotrac, after the school relieved him of his duties as head football coach on Sunday. When Fisher was first named head football coach at Texas A&M in 2017, the university said he had agreed to a 10-year contract worth $75 million, adding no “state-appropriated funds” would be used toward his salary. The finances behind the decision to fire the coach are “monumental,” Ross Bjork, Texas A&M director of athletics, said during a Sunday evening news conference. “As the contract states, there is a buyout provision in coach Fisher’s contract and those details will be worked out,” Bjork said. He was hired in December 2017 after spending eight seasons as head coach at Florida State University, where he led the Seminoles to a national championship.

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Persons: Jimbo Fisher, Fisher, ” Ross Bjork, ” Bjork Organizations: CNN, Texas, M University, Athletics, Man Foundation, Aggies, Southeastern Conference, Abilene Christian Wildcats, LSU Tigers, Aggie, Florida State University, Seminoles Locations: Texas, ” Ross Bjork , Texas