Texas set to approve extension, elevate for coach Steve Sarkisian

The College of Texas System board of regents is ready to approve a contract extension for Longhorns soccer coach Steve Sarkisian that may practically double his annual compensation to greater than $10 million per season via 2030.

The board of regents will think about the extension and pay improve at a scheduled assembly on Feb. 21-22, based on a printed agenda e book for the assembly.

Below the phrases of the proposed settlement, Sarkisian would earn $10.3 million in 2024 and obtain a pay improve of $100,000 in every of the following six years, capped at $10.9 million in 2030.

The deal will put Sarkisian among the many 10 highest-paid coaches within the FBS.

Texas officers had introduced Jan. 13 that Sarkisian had agreed to a four-year extension however did not launch monetary particulars.

“I stated it after I got here right here three years in the past, this can be a dream job for me,” Sarkisian stated in a press release final month. “It is a vacation spot job, and I am fired up every single day to be the top coach at The College of Texas. We’re thrilled with what we have been capable of accomplish and pleased with the tradition we have constructed and the way in which our gamers have grown – on and off the sphere. However we’re simply getting began. I’ve stated all of it alongside, we have been constructing this program for long run success.”

Sarkisian simply accomplished the third 12 months of a six-year contract and was beforehand set to make $5.8 million in 2024, $6 million in 2025 and $6.2 million in 2026.

Final season, Sarkisian guided the Longhorns to a Huge 12 championship of their last season within the league and their first look within the School Soccer Playoff. Texas misplaced to Washington 37-31 in a CFP semifinal on the Allstate Sugar Bowl.

The Longhorns completed 12-2 and had been ranked No. 3 within the last AP ballot, their highest end in 15 years.

Sarkisian was named Huge 12 Coach of the 12 months and was a finalist for the Bear Bryant, George Munger and Eddie Robinson Coach of the 12 months awards. He has a 25-14 document in three seasons at UT.

The Longhorns locked up Sarkisian, 49, as they put together to play their first season within the SEC. The previous Alabama offensive coordinator was linked to the Crimson Tide’s head-coaching emptiness after longtime coach Nick Saban introduced his retirement. The Tide employed Washington’s Kalen DeBoer.

Below the phrases of his new contract, Sarkisian can earn a further most of $1.85 million yearly in efficiency bonuses, together with $300,000 for successful the SEC championship recreation 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 reaching for the CFP Nationwide Championship recreation or $1.25 million for successful a nationwide championship (he would solely obtain the very best achieved CFP bonus).

Sarkisian would additionally obtain as a lot as $300,000 in bonuses for successful nationwide coach of the 12 months and SEC Coach of the 12 months awards. He can even obtain a particular one-time fee of $300,000 earlier than April 1.

Texas can even lengthen the contracts of tight ends coach Jeff Banks, offensive coordinator Kyle Flood and defensive coordinator Pete Kwiatkowski, whose pay was elevated to $1.8 million for the upcoming season, $1.9 million in 2025 and $2 million in 2026.