Apparently, there's no greater cause-and-effect scenario than being tossed into the rumor mill as the possible next coach at Texas and suddenly receiving a lot more money. First, it happened to Auburn's Gus Malzahn, who landed a six-year, $26.85 million extension earlier this week. Now, Florida State coach Jimbo Fisher has reportedly hit the jackpot. While Fisher's top-ranked Seminoles were playing Duke in the ACC title game, The Palm Beach Post's Tom D'Angelo reported that Fisher had agreed to a contract extension that would net him an average of $4.1 million per season for about "five to seven years."
Fisher’s original head coaching contract was for five-years and a base salary of $1.8 million. He then signed his current a five-year, $13.75 million contract in January 2011 after going 10-4 in 2010, his first as head coach. That contract was extended by one year but without a raise through the 2016 season following the 2011 season.Rumors surfaced earlier this season that Fisher and the school administration didn't exactly see eye-to-eye. But winning is a cure-all. This season's success -- coupled with the possibility (however slim) of losing the coach to another program -- prompted Florida State to make Fisher one of the top-10 highest-paid coaches in the nation.
The university had discussions with Fisher about an extension and raise following last year, but university president Eric Barron decided against it.