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Florida State Announces New 8-Year Contract For Jimbo Fisher, Will Become One Of Country's Highest Paid Coaches

Update: According to FOX Sports' Bruce Feldman, Fisher's new deal will make him the third-highest paid coach in the country.

">December 23, 2014

Alabama's Nick Saban makes over $7.1 million per year while Michigan State's Mark Dantonio will be just ahead of Fisher at over $5.6 million per year.

Earlier: Florida State fans: Jimbo Fisher is going to be around for a while. 

Tuesday afternoon, the Seminoles announced they had signed Fisher to a new contract. The 49-year-old coach, who has been FSU's head coach since 2010, has agreed to a new eight-year deal that will keep him in Tallahassee until 2022, at least. 

Florida State officials did not release specific terms of the contract, but stated the deal "will include an increase in salary that will make him one of college football's highest paid coaches."

Fisher, who led Florida State to a national title in 2013 and a spot in the College Football Playoff this year, made $3.275 million this past season, and was slated to make $4.274 million a season by 2018, the final year of his previous contract. 

Florida State would have to boost his salary to more than $4.5 million a season to make him one of the six highest paid coaches in the country. 

The No. 3 Seminoles are set to take on No. 2 Oregon in the Rose Bowl Jan. 1.