Billy Napier buyout: How much Florida owes fired head coach ...Middle East

The Florida Gators reportedly fired coach Billy Napier on Sunday, ending his tenure in Gainesville after a 22-23 record in 3+ seasons and a 3-4 start to 2025.

Napier signed a 7-year, $51.8 million contract when he was hired to replace Dan Mullen in 2021. As part of that contract – which included his base salary, expense account and activities agreement payments, but does not include bonuses, incentives or retirement contributions – Florida paid for two vehicles including insurance, a suite at home football games and 16 tickets. He also had access to the University of Florida Athletic Association’s aircraft.

Florida now owes Napier approximately $21.2 million, according to USA TODAY, a total that is dictated by language in his contract that stipulates he is to receive 85% of his annual compensation. For this contract year, which ends Jan. 31, 2026, that amount is $7.4 million. The number rises by $100,000 each year in his deal.

Napier’s contract reportedly expires Jan. 31, 2029, and the first installment of his buyout – worth 50% of what he is due- must be paid within 30 days of his firing. The remaining installments, each worth 12.5% of the total buyout, would reportedly be due July 15 each year until fully paid. Napier also has no duty to mitigate the buyout worth, and Florida will not be able to offset what it owes against any future revenue.

Here is a breakdown with approximate values:

$10.6 million due Nov. 19, 2025 $2.65 million due July 15, 2026 $2.65 million due July 15, 2027 $2.65 million due July 15, 2028 $2.65 million due July 15, 2029

It’s another big buyout for Florida to pay after previously firing Mullen, Jim McElwain and Will Muschamp.

Billy Napier buyout: How much Florida owes fired head coach Saturday Down South.

Hence then, the article about billy napier buyout how much florida owes fired head coach was published today ( Sunday 19/10/2025 - 09:35 PM ) and is available on SATURDAY DOWN SOUTH ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Billy Napier buyout: How much Florida owes fired head coach )

Also on site :

• ’Beverly Hills, 90210’s Jason Priestley Shares Bold Callout After ‘Worst’ Travel Experience
• UN renews Sudan ceasefire appeal over ‘unimaginable suffering’ of civilians
• Central African Republic election: Who’s running and what’s at stake?