Friedgen's contract will be terminated effective Jan. 1. Maryland is in the process of forming a search committee to find Friedgen's successor, according to a university source with direct knowledge of the situation.
Athletic Director Kevin Anderson was only briefly involved in the buyout discussions, the source close to Friedgen said. Anderson handed off talks to university legal counsel Susan Bayly after a discussion with Friedgen's attorney did not go well, according to the source.
Because he would not agreed to retire, the remainder of Friedgen's contract -- worth roughly $2 million -- will be paid in full.
According to the source, discussions between Friedgen's representative and the school focused more on a desire by the school for Friedgen to step down. However, Friedgen was unwilling to do so, given that he maintains a desire to coach, the source said.
Maryland offered many things in an attempt to entice Friedgen to retire, such as putting his name up on the Ring of Honor at Byrd Stadium, the source said, but such offers were insufficient.
Buyout talks ended for good around 10 a.m. Monday morning after Bayly asked one final time whether Friedgen had changed his mind. The answer: No.
Anderson has called a press conference for 3 p.m. today, at which point he'll discuss where the Maryland football program goes from here.
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