Former Arkansas football coach Bret Bielema will receive an $11.8 million buyout to pay off the final three years of his contract, a source familiar with the situation told ESPN on Friday. Some members of Arkansas’ board of trustees tried to argue that it owed Bielema between $5 million and $6 million, and Bielema’s attorney wanted a full $15.4 million buyout, but the sides agreed on the negotiated settlement, which should be executed in the next few days, the source told ESPN.