College Football

Rich Rodriguez Lost Money Coaching Jacksonville State

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By
David Evans
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David Evans Sports Editor

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Published12 Dec 2024

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rich rodriguez

Rich Rodriguez is making headlines again with his return to West Virginia University (WVU) as head coach. While the move marks a significant chapter in his career, it also highlights an unusual financial situation: Rodriguez may have lost money during his tenure at Jacksonville State (JSU) if he pays the $2.5 million buyout stipulated in his contract.

Rodriguez Heading Back to West Virginia

Rodriguez, known for his innovative offensive schemes, is returning to WVU, where he previously coached from 2001 to 2007. His success during that period included three Big East championships and multiple high-profile bowl appearances. WVU’s decision to rehire him underscores their commitment to reviving the program’s college football prominence.

However, his departure from Jacksonville State comes with a hefty price tag. According to his contract, Rodriguez owes a $2.5 million buyout to JSU if he leaves for another coaching job before his agreement’s end.

Rich Rodriguez Buyout At Jacksonville State

During his three-year tenure at Jacksonville State, Rodriguez earned:

  • 2022: $500,000 (base salary)
  • 2023: $800,000 (base salary)
  • 2024: $1,000,000 (base salary, including bonuses)

Total Compensation (2022–2024): $2.3 million

If Rodriguez pays the $2.5 million buyout, his total income from JSU is effectively erased—and he’d even be in the red by $200,000. This calculation excludes taxes, living expenses, and other financial obligations, making the situation even more striking.

Who Pays the Buyout?

While Rodriguez is contractually obligated to pay the $2.5 million, WVU could opt to cover the buyout as part of his hiring agreement. Such arrangements are common in college athletics when a program is eager to secure a high-profile coach. If WVU assumes the payment, Rodriguez’s financial standing remains intact.

The Bottom Line

Rich Rodriguez’s return to WVU is a significant career move, but it also highlights the high stakes and financial complexities of college coaching contracts. Unless WVU covers the buyout, Rodriguez’s time at Jacksonville State would represent a rare case of a coach losing money while employed. For now, his future at WVU is bright, but his financial past at JSU is a cautionary tale for coaches navigating the lucrative yet precarious world of college football.