Every little bit helps, right?
Florida State’s decision to fire Willie Taggart less than two years into his contract came with a steep financial cost, with the deposed head coach being owed in the very ritzy neighborhood of $18 million. That buyout, though, would be offset by any money Taggart would make in his next job(s).
Wednesday evening, Florida Atlantic announced that Taggart had been hired as its next head football coach. As of this posting, FAU has yet to release the financial particulars of Taggart’s deal with the university.
At least a portion of that info, though, has now been made public.
Willie Taggart contract with FAU is for 5 years at $750,000 basic pay annually, plus $25,000 annual retention payment, so $775,000 total, per document from school
— Steve Berkowitz (@ByBerkowitz) December 12, 2019
For perspective, the man Taggart is replacing, new Ole Miss head coach Lane Kiffin, was paid $1.432 million in guaranteed compensation for 2019.
So, if Berkowitz’s numbers are accurate -- and they normally very much are -- FSU’s future obligation to Taggart would drop to just under $14 million. So they have that going for them. Which is nice.
