Nutt receives millions from Ole Miss

ole miss houston nutt contract college football odds

OXFORD, Miss. (AP) - Mississippi has agreed to pay former coach Houston Nutt a lump sum of $4.35 million to complete his contract buyout.

View 2014 BCS Championship Odds

Nutt was fired after the 2011 season with about $6 million remaining on his contract. Ole Miss athletic director Ross Bjork said on Saturday in a statement that the school's agreement with Nutt happened last month, and the one-time payment would save the athletic department about $550,000.

Bjork said the agreement was a ``win-win for everyone and both of us can now move ahead.'' He said the money came from the school's private athletic foundation.

Nutt coached for four seasons at Ole Miss, leading the program to back-to-back Cotton Bowls wins in 2008 and 2009 before slumping to a 2-10 record in his final season.

Bet 2014 BCS Championship Odds

Want More From TheSpread.com? Follow us on Twitterand Facebook or Subscribe to Our News Feeds!

Recent NCAAF Discussions

Advertisement

NCAAF Top Stories

Thumbnail Updated Playoff Championship Odds Which of the four teams will emerge as the winner of the College Football Playoffs? Here is a look at the latest odds.
Thumbnail CFB Playoff Semifinal Odds The field for the College Football Playoffs is set and the two matchups are as well. Here is a look at the odds for the pair of...
Thumbnail Line Moving in Big Ten Title Game The spread in tonight's Big Ten Championship Game has moved two full points off the original number set by oddsmakers.
Thumbnail Line Moves Again in ACC Title Game The line in the ACC Championship Game between Clemson and Virginia Tech continues to move ahead of tonight's 8:00PM ET kickoff.
Thumbnail Big Ten Championship Prediction When No. 7 Penn State takes on No. 6 Wisconsin in the Big Ten Championship tonight, which...

NCAAF Headlines

NCAAF Team Pages