Texas fired football coach Tom Herman on Saturday after he posted a 32-18 record (.640) the last four seasons. Buying out the contracts of Herman and all of his assistants will run the school (or its boosters) about $24 million and that’s before it pays new coach Steve Sarkisian or his staff.
Meanwhile, Michigan presented football coach Jim Harbaugh a five-year contract extension this week (he’s yet to sign it, per an industry source) after leading the Wolverines to a 49-22 record (.690)…
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