Texas coach Steve Sarkisian will make greater than $10 million per 12 months through the contract extension he acquired final month, in keeping with phrases of the deal launched by the varsity.
Sarkisian, who was paid a base wage of $5.6 million in 2023 and was set to earn $5.8 million in 2024, will see his wage leap to $10.3 million in 2024, with $100,000 annual raises in every year of the deal, which runs by the 2030 season. Sarkisian’s new contract ensures him $74.2 million over the remaining seven years of the deal.
Texas will even make a particular one-time cost of $300,000 to Sarkisian on or earlier than April 1. Phrases of the Sarkisian’s new deal have been posted on the agenda for the College of Texas System’s upcoming board of regents assembly on Feb. 21, the place the contract is anticipated to be formally accredited by the board.
The annual efficiency incentives Sarkisian can earn additionally make a major leap from a most of $825,000 yearly to a most of $1.825 million yearly. Sarkisian would obtain a $250,000 bonus for main the staff to the primary spherical of the brand new 12-team Faculty Soccer Playoff, $500,000 for a quarterfinal look, $750,000 for a semifinal look, $1 million for a title recreation look and $1.25 million for profitable all of it. The Playoff bonuses should not cumulative.
The board of regents can be anticipated to rubber stamp contract extensions or Texas offensive coordinator Kyle Flood, defensive coordinator Pete Kwiatkowski and particular groups coordinator Jeff Banks to take every of their contracts by the 2026 season. Flood, who had two years left on his contract, will get a further 12 months. He’ll be paid $1.325 million in 2024, $1.4 million in 2025 and $1.475 million in 2026.
Kwiatkowski, whose contract was set to run out after the 2024 season, will get two further years. He’ll get a bump from $1.7 to $1.8 million this 12 months, $1.9 million in 2025 and $2 million in 2026.
Banks, whose deal additionally had one 12 months remaining, will get two further years. He’ll obtain $1.15 million in 2024, $1.2 million in 2025 and $1.25 million in 2026.
The contract amendments come after the Longhorns loved their greatest season since 2009, going 12-2 and reaching the Faculty Soccer Playoff for the primary time. The Longhorns return beginning quarterback Quinn Ewers and 4 of 5 starters on the offensive line. Texas is No. 3 in The Athletic’s newest Approach-Too-Early preseason prime 25.
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(Photograph: Tim Warner / Getty Photos)
