Texas’ Steve Sarkisian cashes bonus money with Clemson win in CFP, see how much

Texas Longhorns head coach Steve Sarkisian embraces his wife, Loreal, after beating Clemson in the first round of the College Football Playoffs at Darrell K Royal Texas Memorial Stadium in Austin, Texas, Dec. 21, 2024.

Texas Head Coach Steve Sarkisian is in for a delightful holiday season, and his bank account will certainly be delighted.

The Longhorns’ victory over Clemson in the first round of the College Football Playoff on Saturday has secured Sarkisian another $250,000 in bonus money.

In addition to the bonus, Sarkisian has received a substantial $10.3 million salary in 2024. He ranks third in compensation, behind the likes of Clemson’s head coach Dabo Swinney and, Georgia head coach Kirby Smart, both of which top Sarkisian based on public compensation information. Notably, his salary is slated to increase by $100,000 annually, culminating in a maximum salary of $10.9 million in 2030.

Sarkisian’s bonus structure is below:

$100,000 for participating in a bowl not associated with the College Football Playoff

$250,000 for making CFP first round

$500,000 for making CFP quarterfinal

$750,000 for making CFP semifinal

$1 million for making CFP national championship

$1.25 million for winning the CFP national championship

This season alone, Sarkisian has already amassed a total of $650,000 in performance-related bonuses. Earlier this month, he secured an additional $250,000 for qualifying in the first round of the College Football Playoff. A week prior to that, he earned an additional $150,000 for securing the Longhorns’ spot in the SEC championship game.

Included in Steve Sarkisian’s new contract at Texas:

• Two cars
• Private jet
• Game tickets
• Country club membership
• 2024: $10.3 million
• 2025: $10.4 million
• 2026: $10.5 million
• 2027: $10.6 million
• 2028: $10.7 million
• 2029: $10.8 million
• 2030:…

Source link : https://sports.yahoo.com/texas-steve-sarkisian-cashes-bonus-063820823.html

Author : Longhorns Wire

Publish date : 2024-12-22 06:38:00

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