Michigan State’s decision to fire Jonathan Smith on Sunday adds another heavy financial burden to a program already strained by past coaching contracts. His dismissal triggers a reported $33 million buyout. When paired with the unresolved fallout from Mel Tucker’s deal, the university now faces nearly $120 million in potential obligations tied to coaching turnover. With Joe Russi moving into the interim role, the Spartans enter yet another reset while still absorbing the financial consequences of the last one.
It was in November 2023 when the Spartans welcomed Smith with a seven-year, $52.85 million contract. However, with his 4-15 overall record, patience was running thin at Michigan State. On Saturday, Michigan State recorded its first Big Ten win of the season against Maryland. However

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