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FSU, Fisher finalize new contract

On a day when Florida State's football present is shining as bright as it has in years, FSU and coach Jimbo Fisher agreed to a new contract to should help to solidify the program's future for years to come.

Florida State athletics director announced on Tuesday a new contract that will keep Fisher as the Seminoles' head coach through the 2018 season.

FSU has yet to disclose the complete terms of the contract, but did allow that it includes a raise in Fisher's annual compensation. Multiple reports have said that the deal will pay Fisher $4.1 million per year with incentives that could boost his earnings to around $5 million per year.

That would make Fisher, who made $2.75 million annually under his previous contract, one of the top-10 highest paid coaches in college football.

"We are extremely pleased with the direction of our program and believe that this new contract will assure that Coach Fisher is in place to lead the Seminoles for a long time to come," Wilcox said in a prepared statement. "Coach Fisher enjoys the full support of the leadership of the university and we look forward to the continued success of our football program on the field and in the classroom."

The finalized contract should help to quiet down persistent rumors that Fisher is Texas' top choice to fill the Longhorns' head coach position vacated by the recently resigned Mack Brown.

It is not yet known if Fisher's new contract includes a buyout clause or any other penalty should he leave FSU prior to the contract's full term.

Speaking at the BCS National Championship Game's introductory press conference at the Disneyland Resort in California, Fisher reiterated his commitment to FSU.

“I'm very happy to be there. They're very happy to have me,” Fisher said. “Hopefully that relationship can go on for a long time.

“We've had a great year. I love working there, I love being there and very comfortable there.”

Fisher's extension was first reported prior to the ACC Championship Game on Dec. 7, but took more than three weeks to be signed. Wilcox confirmed after the Seminoles' 45-7 win over Duke that an agreement had been reached but declined to discuss specifics as the deal had not yet been made official.

Fisher said he agreed to the contract on Saturday but that he didn't have an opportunity to sign and present it to Wilcox until Tuesday morning.

“Well it was because I didn’t get the contract until Saturday,” Fisher said. “We had agreed upon terms long ago during the season, but when lawyers get involved you know how things can take a little while. It wasn’t even anything bad. It was just about dotting i’s and crossing t’s.”

Fisher's Seminoles will play No. 2 Auburn on Jan. 6 in the BCS National Championship Game at the Rose Bowl Stadium in Pasadena, Calif.

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