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!

Advertisement

NCAAF Top Stories

Thumbnail Arizona tries to contain explosive Washington No. 9 Washington utterly obliterated its first three opponents of the season. Will the good times continue in the desert?
Thumbnail Sun Devils, Bears primed for fireworks show With California and Arizona State set to do battle, should fans on the West Coast expect an offensive blitzkrieg tonight?
Thumbnail Arkansas vs. Texas A&M Prediction Will Arkansas pull off the upset or at least cover the spread when it takes on Texas A&M at AT&T Stadium at 9:00PM ET tonight?
Thumbnail Louisville vs. Marshall Prediction Will Louisville avoid a letdown tonight when the Cardinals visit Marshall at 8:00PM ET?
Thumbnail Oklahoma St. vs. Baylor Prediction Will Oklahoma State and No. 16 Baylor have another typical Big 12 shootout when they meet tonight at...
More inNCAAF Articles  

NCAAF Headlines

More inNCAAF News  

NCAAF Team Pages