The Odyssey believes the Florida State administration may have just set a new record,
Willie Taggart was foolishly given a 6-year, $30 million contract after the 2017 season. His dismissal earlier this week means that he will be due a buyout of $18 million. As staggering as that amount is, it gets worse. FSU paid a $3 million buyout to Oregon and also absorbed over a $1 million to pay off the remainder of a South Florida buyout, Taggart’s previous 2 stops.
Thus, the Seminoles paid over $22 million that did not relate to Taggart’s game day coaching. If you prorate his contract, about $11 million relates to pay for his actual coaching. So, for every $1 of shoddy coaching that Seminole fans had to endure, $2 went to non-gameday coaching.
While Charlie Weis received significant termination pay from both Notre Dame and Kansas ($24+ million), this 2/1 buyout ratio has to approach an all-time nadir, because Weis employed his “schematic advantages” for 5 years in South Bend and 2+ years at Kansas.
Enjoy all the greenbacks, Willie!