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 annual compensation to more than $10 million per season through 2030.
The board of regents will consider the extension and pay increase at a scheduled meeting on Feb. 21-22, according to a published agenda book for the meeting.
Under the terms of the proposed agreement, Sarkisian would earn $10.3 million in 2024 and receive a pay increase of $100,000 in each of the next six years, capped at $10.9 million in 2030.
Texas officials had announced Jan. 13 that Sarkisian had agreed to a four-year extension but didn’t release financial details.
“I said it when I came here three years ago, this is a dream job 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 thrilled with what we’ve been able to accomplish and proud of the culture we’ve built and the way our players have grown – on and off the field. But we’re just getting started. I’ve said it all along, we’ve been building this program for long term success.”
Sarkisian just completed the third year of a six-year contract and was previously set to make $5.8 million in 2024, $6 million in 2025 and $6.2 million in 2026.
Last season, Sarkisian guided the Longhorns to a Big 12 championship in their final season in the league and their first appearance in the College Football Playoff. Texas lost to Washington 37-31 in a CFP semifinal at the Allstate Sugar Bowl.