Mississippi State Football Team to Pay Former Coach Arnett $5 Million as Part of Buyout

Buyout Details Revealed

Documents obtained by The Clarion-Ledger reveal that Mississippi State University will pay former football coach Zach Arnett $5 million as part of his buyout agreement. Arnett, who was fired in December after two seasons, was owed $9 million in remaining salary, but the agreement requires Mississippi State to pay only 50% of that amount.

Arnett's Salary

Arnett's annual salary was $3 million, making him the lowest-paid coach in the Southeastern Conference (SEC) at the time of his hiring. His four-year contract included escalators, but the exact terms of the escalation clauses are not known.

Net Worth Speculation

Various websites have reported that Arnett's net worth is approximately $5 million, but this information has not been confirmed by official sources. The buyout agreement is likely to increase Arnett's net worth significantly.