Jimbo Fisher signs new contract, quiets Texas rumors

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Seminole fans have another reason to be optimisic about the future.

In addition to fielding the No. 1 ranked team in college football and having another top 10 recruiting class on the way, it looks like Jimbo Fisher will stay on as the 'Noles' head football coach for the foreseeable future. That's because Fisher just signed a new contract to serve as Florida State's head football coach for the next five years.

Shortly before the start of the Dec. 7 ACC Championship game it was reported that Fisher had agreed, in principle, to a new contract. That report might have been a bit premature since it took over three weeks to finalize all the details and get the contract signed. With a base salary of over $4.1 million a year, Fisher will become one of the 10 highest paid coaches in college football. The contract is also reportedly very "incentive laden" and is tied to his team's success both on and off the field.

The signing of a new deal at Florida State may help quiet rumors that Fisher is on the short list for the head football coach opening at the University of Texas. After 16 years as head coach of the Longhorns, Mack Brown announced in mid-December that he was stepping down after an 8-4 regular season. Since then the rumors that FSU's fourth year coach might be headed to Austin have intensified. However, a source close to Fisher told Warchant.com that the 48-year old native of Clarksburg, W. Va. is happy in Tallahassee and isn't interested in the opening at Texas.

Fisher's overall record at FSU is 44-10, which includes last year's ACC Championship and Orange Bowl victory. But it's his team's performance so far in 2013 that spurred on Florida State to offer a new contract with a substantial bump in salary. The Seminoles just completed the program's fourth ever perfect regular season and wrapped up the team's 14th ACC championship. Fisher and FSU will look to capture the program's third national championship versus Auburn in the BCS National Championship game on Jan. 6 in Pasadena, Calif.

Florida State Athletic Director Stan Wilcox released a statement regarding Fisher's contract Tuesday morning as well.

"We are extremely pleased with the direction of our program and believe that this new contract will assure that Coach Fisher is in place to lead the Seminoles for a long time to come," Wilcox said. "Coach Fisher enjoys the full support of the leadership of the university and we look forward to the continued success of our football program on the field and in the classroom."

Florida State has concluded its pre-bowl practices in Tallahassee and will resume on Jan. 1 at Orange College in Costa Mesa, Calif.

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