Texas set to approve extension, raise for Sark

• Mark Schlabach, ESPN Senior WriterFeb 17, 2024, 11:30 AM ET

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  • Senior college football writer
  • Author of 7 books on college football
  • Graduate of the University of Georgia

The University of Texas System board of regents is set to approve a contract extension for Longhorns football coach Steve Sarkisian that will nearly double his yearly payment to more than $10 million per season through 2030.

The board of regents will think about the extension and pay increase at a scheduled meeting on Feb. 21-22, according to a released agenda book for the meeting.Under the terms

of the proposed agreement, Sarkisian would make $10.3 million in 2024 and receive a pay boost of $100,000 in each of the next six years, topped at $10.9 million in 2030.

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The offer will put Sarkisian amongst the 10 highest-paid coaches in the FBS.Texas authorities had actually announced Jan. 13 that Sarkisian had consented to a four-year extension but didn’t release financial details.”I stated it when I came here three years back, this is a dream task for me, “Sarkisian said in a statement last month.”It’s a destination job, and I’m fired up every day to be the head coach at The University of Texas. We’re delighted with what we’ve had the ability to achieve and happy with the culture we’ve constructed and the method our players have actually grown -on and off the field. But we’re just getting going. I’ve said everything along, we have actually been constructing this program for long term success.”Sarkisian simply finished the 3rd year of a six-year contract and was formerly set to make$ 5.8 million in 2024,$6 million in 2025 and $6.2 million in 2026. Last season, Sarkisian directed the Longhorns to a Big 12 championship in their final season in the league and their very first appearance in the College Football Playoff. Texas lost to Washington 37-31 in a CFP semifinal at the Allstate Sugar Bowl.The Longhorns completed 12-2 and were ranked No. 3 in the last AP survey, their greatest surface in 15 years.Sarkisian was named Big 12 Coach of the Year and was a finalist for the Bear Bryant, George Munger and

Eddie Robinson Coach of the Year awards. He has a 25-14 record in three seasons at UT.The Longhorns secured Sarkisian, 49, as they prepare to play their first season in the SEC.

The previous Alabama offensive coordinator was connected to the Crimson Tide’s head-coaching vacancy after long time coach Nick Saban revealed his retirement. The Tide worked with Washington’s Kalen DeBoer.Under the terms of his brand-new agreement, Sarkisian can earn an additional maximum of $1.85 million every year in performance benefits,

including $300,000 for winning the SEC national championship and $250,000 for making the CFP, $500,000 for reaching a CFP quarterfinal,$750,000 for reaching the CFP semifinals, and $1 million for grabbing the CFP Championship game game or $1.25 million for winning a national championship(he would only get the highest achieved CFP perk). Sarkisian would also receive as much as $300,000 in rewards for winning national coach of the year and SEC Coach of the Year awards. He will also get an unique one-time payment of$300,000 before April 1. Texas will likewise extend the agreements of tight ends coach Jeff Banks, offending organizer Kyle Flood and protective coordinator Pete Kwiatkowski

, whose pay was increased to $1.8 million for the upcoming season, $1.9 million in 2025 and $2 million in 2026.