Arkansas still paying Bret Bielema's buyout ($11.935 million). According to this USA Today article, Bielema will be paid about $320,000 a month until Dec. 31, 2020.
If Arkansas does fire Chad Morris, looks like they will have to pay a lot of money for two fired coaches.
According to herosports.com
If fired before his contract expires on Dec. 31, 2023, Morris is owed a buyout. "If terminated for convenience by university" occurs before Jan. 1, 2023, he is owed 70 percent of his remaining salary and other compensation. If fired on or after Jan. 1, 2023, he is owed 100 percent of the remaining wage and other compensation. For example, if fired, for simplicity's sake, on Dec. 31, 2019, he is owed $9.8 million (70 percent of $3.5 million over four years).
Dec. 31, 2019: $9.8 million
Dec. 31, 2020: $7.35 million
Dec. 31, 2021: $4.9 million
Dec. 31, 2022: $3.15 million
Arkansas already paid a $2-million buyout to SMU, therefore if they do fire Morris after this season, they'll have paid more than $20 million (including base salary, other compensation, buyouts, and bonuses) for two seasons of his services.