Jimbo Fisher set to make $5 million for 2015 season; at least $44 million through 2022

Florida State football coach Jimbo Fisher will earn $5 million for the 2015 season and could earn at least $44 million for the life of his new contract extension, which was made public on Wednesday.

The contract, which runs through 2022, was released after a public records request by the Tallahassee Democrat.

Fisher will be among seven college football coaches who make at least $5 million per season, including his good friend and mentor Nick Saban at Alabama, new Michigan coach Jim Harbaugh, Michigan State's Mark Dantonio, Oklahoma's Bob Stoops, Texas A&M's Kevin Sumlin and Charlie Strong at Texas.

Of the elusive group, only Fisher, Saban and Stoops have won national titles.

Fisher will get paid $225,000 in base salary over the course of the season every two weeks until 2022, and will be paid $4,775,000 in "additional compensation" for the 2015 season. The additional compensation total will increase by $100,000 every season until the end of the contract.

Fisher will also make $1.2 million if he stays at Florida State until the contract ends.

If Fisher were to pursue another job, he has a $5 million buyout before Dec. 31, 2016, a $3 million buyout on that date in 2018, and only a $1 million buyout the day after on Jan. 1, 2019.

Fisher also has a plethora of bonuses tied into his contract, earning payments ranging from $50,000 to $250,000 if the FSU football team satisfies the conditions.

Fisher could earn a $100,000 bonus if FSU finishes first in the Atlantic Coast Conference's Atlantic Division and plays in the ACC title game; wins the ACC title game; is a participating team in the College Football Playoff; in any of the CFP bowls games during a year that game does not decide the CFP; and finishes the season in the Top 10 of the final CFP poll.

Fisher earns a $50,000 bonus for FSU's participation in any other bowl game.

Fisher could earn a $200,000 bonus if FSU plays in the national championship game; wins the national championship game; finishes the season with a Top 5 ranking in the final CFP poll; and has an undefeated season.

Fisher could also earn bonuses of $50,000 if he's named ACC Coach of the Year and $75,000 if he is named Associated Press National Coach of the Year.

Fisher also has a $250,000 bonus if he meets goals established by himself, the university president and athletic director for the team's overall GPA, academic eligibility, APR, community service, and observing several other FSU regulations.

The new contract also allows for an additional $750,000 for assistant coaches, who were making around $3.4 million as a unit last season.

Fisher's contract was signed by athletic director Stan Wilcox on Jan. 21, and by president John Trasher last Friday. Fisher did not mark the date when he signed the contract.

Safid Deen writes for The Tallahassee Democrat.