Jeff Fisher is out as the head coach of the Tennessee Titans, the team announced Thursday on Twitter. But the NFL’s longest-tenured head coach will leave the franchise with a pricey parting gift, FOXSports.com has learned.
NFL sources said Fisher will receive $8 million as part of his settlement to walk away from the Titans after 16 full seasons — the majority of what was due in the final year of his contract. Fisher was to receive $5.6 million in salary for 2011 with a $4 million bonus. The move is expected to be announced as a mutual parting of ways.
According to NFL sources, the decision to walk away from Tennessee was in Fisher’s best interest — allowing him to avoid a 2011 season as a lame duck coach without the full support of ownership.
Fisher, 52, was high on the wish lists of both the San Francisco 49ers and Denver Broncos, two franchises that desperately wanted a high-profile head coach to salvage their team’s fortunes. Instead, he chose to remain with the Titans despite the tumultuous situation that developed throughout the 2010 season because of an ongoing rift between the head coach and volatile quarterback Vince Young.
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