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

Recent NCAAF Discussions

Handicapping 2016 Win Totals on Fri, May 2016 by Blade
2016 NFL Draft Props on Thu, Apr 2016 by Blade
NFL Draft Preview on Thu, Apr 2016 by Blade

NCAAF Headlines

More inNCAAF News  

NCAAF Top Stories

Thumbnail Cal lands Davis Webb The Cal Bears may have lost the No. 1 pick in the NFL Draft at quarterback, but the Golden Bears seem to have found a good replacement...
Thumbnail FSU dismisses running back The Florida State Seminoles have parted ways with running back Mario Pender after a recent arrest.
Thumbnail Hokies suspend two defenders The Justin Fuente era of Virginia Tech football isn’t off to a great start, as two defensive players have been indefinitely...
Thumbnail Buckeyes get 100K for Spring Game Ohio State may not have made the...
Thumbnail Petrino gets new contract Louisville is happy with the direction that Bobby Petrino is taking the football program and the Cardinals have given the head...
More inNCAAF Articles  

NCAAF Team Pages