Former Arkansas coach Bret Bielema nets $12 million in massive buyout agreement
Bielema went 29-34 in five seasons at Arkansas
According to a release from the Razorback Foundation, Bielema is eligible to receive up to $11.935 million in monthly installments through December 31, 2020. Backdating that to December 2017, that would be $322,567.57 per month. That figure is subject to the right of offset, meaning any coaching salary he receives during that time frame would be deducted what's owed to him by Arkansas.
Kyle Deckelbaum of KATV provided the full release from the Razorback Foundation.
So, to put it more simply, Bielema can be incredibly selective while choosing his next step. He told Andy Staples of Sports Illustrated that he has received feelers from NFL teams. He also said the social media aspect of college football recruiting got annoying at times and that he is also considering a role in television.
With a buyout like the one he's receiving after his stint at Arkansas, perhaps TV is the best option.
Bielema went 29-34 overall in five seasons at Arkansas, 11-29 in the SEC. In 2017, his Hogs went 4-8 overall and 1-7 in conference play. Before his stint in Fayetteville, he posted a 68-24 record at Wisconsin from 2006-12, won three consecutive Big Ten championships from 2010-12 and led the Badgers to the Rose Bowl after each of those titles.
CBS Sports HQ Daily Newsletter
Get the best highlights and stories - yeah, just the good stuff handpicked by our team to start your day.
Thanks for signing up!
Keep an eye on your inbox for the latest sports news.
There was an error processing your subscription.
The Bulldogs are expected to take control of the SEC East this week
Moore helped the Boilermakers knock off No. 2 Ohio State
Ohio State fell to No. 11 following a 49-20 loss at Purdue
Clemson is the new No. 2 to Alabama after Purdue beat Ohio State on Saturday night
Old Dominion got its first C-USA win in bizarre fashion
Purdue knocked Ohio State out of the College Football Playoff, and rival Michigan is happy...