Steve Sarkisian Set for Massive Contract Extension Deal With Texas
Texas head coach Steve Sarkisian is set to be handed a huge pay rise as part of a contract extension that will see his salary double to over $10 million per season. The four-year extension would tie the 49-year-old to the Longhorns until 2020 and comes after a 12-2 season came to an end at the Sugar Bowl.
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Before Sarkisian can enjoy the new deal, it must be ratified by The University of Texas System board, but if it does indeed go through, he’ll earn a $10.3 million salary, which will go up by $100,000 per year until 2030. This is a hefty increase from his current $5.8 million deal.
Ahead of the contract extension, Sarkisian commented,
“I said it when I came here three years ago, this is a dream job for me,” Sarkisian said in a statement. “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.”
Sarkisian became head coach at the Darrell K Royal-Texas Memorial Stadium team in 2021, having previously spent five seasons coaching the Washington Huskies and the USC for two campaigns before working at Alabama as an analyst and then working with the NFL side, the Atlanta Falcons, as offensive coordinator and returning to Alabama for a two-year stint prior to moving to Texas.
He was named the Big 12 Coach of the Year, and as well as tying up a deal to retain Sarkisian for the long term, Jeff Banks (tight ends coach), Kyle Flood (offensive coordinator), and Pete Kwiatkowski (defensive coordinator) have all been offered contract extensions.
Sarkisian has a solid 25-14 record at Texas, 17-10 in terms of his conference record, and the Longhorns will be looking for further improvement under the Californian-born head coach.
As well as the huge pay increase, Sarkisian will secure a number of other interesting benefits from the new deal. These include the use of a private jet and two cars as well as a country club membership, all of which are richly deserved.
On the deal that was offered, Texas’s Board of Regents Chairman, Kevin Eltife, commented,
‘Coach Sark is an incredible coach, a first-class person and tremendous leader of men,’ Eltife stated, and as such, the rewards for the potential he possesses are well earned.
Sarkisian joins an elite group of college coaches earning $10 million plus, with Georgia’s Kirby Smart, Clemson’s Dabo Swinney and Ohio State’s Ryan Day also being members of this exclusive club.
