FSU Head Football Coach Punts His Marriage
Multiple news sources are reporting that Florida State University’s (FSU) head football coach, Jimbo Fisher, and his wife, Candi Fisher, have separated and decided to file for divorce. While both sides have yet to make any comments to the media, sources say that they have both met with attorneys and are attempting to mediate the terms of the divorce. They have two sons together: Trey and Ethan.
The Fishers met one another in 1987 when Jimbo was playing as quarterback for Samford University in Alabama. He won the Division III Player of the Year Award the year that the couple met. Prior to the news about the divorce, the couple was known for the extensive work that they have done for disease research. Their younger son, Ethan, was diagnosed with Fanconi anemia – an incurable blood disease. The couple founded Kidz1stFund to fund research and support families hurt by the disease.
Jimbo worked for Louisiana State University on the football coaching staff and landed at FSU as the offensive coordinator before taking over as the head coach. He has a 58-11 record with the team and will make $5 million as the coach in 2015. He signed an eight-year contract in December last year that will run through the 2022 season. It will make him one of the highest paid college football coaches in the country. He will make between $5 million and $5.5 million every year in addition to any additional benefits provided by the university and booster club.
Issues in a High Asset Divorce
Couples involved in high asset divorce cases face many of the same problems as other spouses getting divorced. Issues of property division, child support, child custody, visitation, and more must all be considered. However, specific issues can impact a divorce proceeding when one or both spouses have valuable assets in need of protection. Complex issues like business valuation, dividing multiple pieces of real estate, employment stock options, deferred compensation, contract evaluation, retirement plans, and other high value property concerns must also be considered in a high asset divorce.
In the case of the Fishers, they will have to sort through many questions that are common in a high asset divorce. Dividing valuable residential property, valuating his coaching contract, dealing with potential long-term care costs for their son, and other issues of compensation for Jimbo as the head coach of FSU must all be resolved before a final divorce decree can be reached. Depending on the level of cooperation between the spouses, it could take months or even more than a year to reach a final settlement.
Our Family Law Office Can Help
At the law office of Steve W. Marsee, P.A. our experienced staff understands the complexities involved in a high asset divorce and are here to help. Call the office or contact us today in Orlando for a free and private review of your case. Our office has experience successfully handling all types of family law matters, including high asset divorce.