Under Steve Sarkisian, Texas football finally lived up to the hype in 2023, winning the Big 12 and making it to the College Football Playoffs for the first time. For Sarkisian, the 12-win season for the Longhorns proved to be extremely profitable. This coming week, the
University of Texas board of regents is scheduled to approve an extension of the football coach’s contract, which will almost double his yearly salary. Details of Sarkisian’s new contract were obtained by Inside Texas from the agenda of the board of regents meeting. In 2024, the Longhorns coach will start receiving $10.3 million in salary, and a new seven-year contract will start in 2024 and run through 2030. Under the terms of the agreement, his pay will rise by $100,000 annually and reach a maximum of $10.9 million in 2030.Miami Hurricanes
The deal also includes two cars for Sarkisian to use, 20 hours of private aircraft flight time per year, club memberships and a ticket allotment for all Texas games, per the agenda. With the contract, Sarkisian is eligible for up to $1.85 million in annual performance incentives, $1.25 million of which can be achieved by winning the College Football Playoff.
In 2024, the Longhorns will play in the SEC alongside rival Oklahoma. Sarkisian is 25–14 in his three years at Texas, with a 17–10 conference record. Based on 2023 salaries, his new $10.3 million annual income would place him fourth, between Georgia’s Kirby
Smart and Ohio State’s Ryan Day. Sarkisian had a base salary of $5.6 million last season, which was 30th in the nation among publicly available college football head coaching salaries.
