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Jimbo Fisher Signs Contract Becoming The New FSU Head Coach

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As reported here first by TN member egynole immediately when the news broke, Jimbo Fisher this afternoon signed a 5-year, $9 million ($1.85 million per year) contract effective January 5, 2010. His contract is back with Florida State University officials, awaiting their signature. It may be released as early today or some day next week. According to published reports, some of the details of the new contract include; -The term of the contract is five years. Begins Jan. 5, 2010 and ends Jan. 4, 2015. -Here’s how the guaranteed salary pays out: -BASE SALARY: $225,000 -RADIO/TV/MEDIA COMPENSATION: $400,000 -SPEAKING ENGAGEMENTS/PUBLIC RELATIONS: $675,000 -APPAREL, SHOE, EQUIPMENT CONTRACTS: $500,000 TOTAL: $1.8 million Click here to read AC's Chopping Block for the incentives. Click here to read egynole's link from ESPN.com.

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