Florida Gators, Head Coach Jim McElwain Part Ways In Season 3 of McElwain Era

By  //  October 30, 2017

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McElwain's buyout $12.75 Million

ABOVE VIDEO: Recruit Reaction to Jim McElwain leaving Florida

GAINESVILLE, FLORIDA (CBS SPORTS) – A tumultuous week in Gainesville culminated with what seemed like an inevitability when Jim McElwain walked off EverBank Field with a sheepish grin following Florida’s 42-7 loss to Georgia on Saturday. He knew his time was up.

The Gators announced Sunday that they have agreed to part ways with McElwain. Defensive coordinator Randy Shannon will serve as interim head coach for the remainder of the season as Florida (3-4) looks to become bowl eligible with four games left.

McElwain and Florida athletic administration have reached a settlement after negotiating his buyout, according to athletic director Scott Stricklin, though the deal has not yet been signed.

“We want to thank Coach McElwain for his efforts in leading the Gator football program,” said Stricklin. “We are confident Coach Shannon will provide the proper guidance to the players and rest of staff during this time and we will begin a national search for the next head coach.”

At a press conference Sunday night, Stricklin said he wanted to see the Florida offense become “fun again.”

McElwain’s buyout is estimated at more than $12.75 million.

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