South Carolina Athletics Director Ray Tanner made his first in-person comments on Monday morning about the Will Muschamp firing and the direction of the football program going forward.

One of the main sticking points surrounding Muschamp in recent months and years was his reported buyout of more than $13 million.

“I won’t get into specifics on that, but as you know, it’s an annualized contract that could be adjusted by mutual agreement,” Tanner said. “Certainly, that will be the case.”

The 49-year-old Muschamp had four years remaining on his contract.

The Gamecocks are 2-5 and lost their third straight game, 59-42, at Ole Miss on Saturday night. It was a particularly sub-par defensive effort for Muschamp, a defensive-minded coach to watch his team give up 1,779 yards and 159 points in those three defeats, including earlier to LSU and Texas A&M.

Tanner also mentioned that interim coach Mike Bobo would have a shot at being named the permanent coach, and he shared that with Bobo and the players on Sunday.

At South Carolina, Muschamp became the first coach to reach bowl games in his first three seasons and went 9-4 in his second season. But the Gamecocks fell to 7-6, 4-8 and 2-5 since. He was 17-22 against the SEC.