Texas AM fires Jimbo Fisher, will pay $77.6M buyout

(Photo credit: Knoxville News Sentinel-USA TODAY NETWORK)Texas AM dismissed football coach Jimbo Fisher on Sunday and will pay him more than $77 million due on his contract.

His termination is effective immediately.

USA Today reported the buyout is $77.6 million, by far the highest in college football history.

"After very careful analysis of all the components related to Texas AM football, I recommended to President [