Texas A&M fire football coach Jimbo Fisher – and now owe him $75m

• Aggies hired coach to end long national title drought
• School must pay Fisher $19.2m in next 60 days

Texas A&M fired coach Jimbo Fisher on Sunday, a move that will cost the school more than $75m and end a tenure that began six years ago with the Aggies presenting him an engraved national championship trophy missing only the year.

After very careful analysis of all the components related to Texas A&M football, I recommended to President [Mark] Welsh and then Chancellor [John] Sharp that a change in the leadership of the program was necessary in order for Aggie football to reach our full potential and they accepted my decision," Texas A&M athletic director Ross Bjork said in a statement. We appreciate Coach Fisher's time here at Texas A&M and we wish him the best in his future endeavors."