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Sources: Colorado State to announce Mike Bobo's termination

Colorado State will announce Mike Bobo's termination on Wednesday, sources tell FootballScoop.

Bobo completed his fifth season in Fort Collins on Friday, as the Rams completed a 4-8 season with a 31-24 loss to Boise State. After opening his CSU tenure with three consecutive 7-6 seasons, Bobo went 3-9 in 2018 and 4-8 this fall.

This move has been expected within the industry for some time. The timing of the decision is interesting with respect to Bobo's buyout.

An Augusta, Ga., native, Bobo played quarterback at Georgia in the 1990s and spent nearly all of his coaching career in Athens before taking the Colorado State job in 2015. Sources expect Bobo to have the opportunity to return to Georgia, though he is expected to field other assistant coaching offers as well. South Carolina is expected to be a major player here, sources say.

FootballScoop previously provided a look at where Colorado State is anticipated to look to replace Bobo.

As always, stay tuned to The Scoop for the latest.

Update> The University has now announced the move, noting they entered into a Separation Agreement. What that typically means is they agreed to pay him a far smaller number than his buyout ($5.5 million) which was subject to offset from future earnings.

Further Update>See below. CSU will pay Bobo outright $1.82 million.