A long-agreed contract extension between Texas and football coach Steve Sarkisian became formalized Thursday, when the UT System Board of Regents gave its approval.
The new deal raised Sarkisian’s salary by 3.85%. Under its terms, Sarkisian will earn $10.8 million in guaranteed compensation in 2025. His pay will escalate annually by $250,000, setting him up to earn $12.3 million in 2031, the final year of the deal. Texas last month completed a 13-3 season that included another appearance in the College Football Playoff, falling one win short of the national title game.
Where does Sarkisian’s contract extension place him among his peers? And what does it mean for the Longhorns going forward?
Here are three things to know:
Steve Sarkisian’s old contract gave Texas football value for money. Will his next one do the same?
In 2024, Sarkisian earned $10.6 million in base pay, with $10.3 million of that coming from his salary and another $300,000 derived from a retention bonus Sarkisian received in April.
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An eye-popping total, no doubt. But you can make the case that it gave the Longhorns good value for their money.
Just two other coaches in the 16-team SEC earned less money per win (excluding bonuses) than Sarkisian. Texas paid Sarkisian roughly $815,000 for each of his 13 wins. South Carolina’s Shane Beamer and Vanderbilt’s Clark Lea were Sarkisian’s only SEC peers who offered better value.
At the other end of the spectrum, Kentucky paid Mark Stoops $2.25 million per victory, while Mississippi State coach Jeff Lebby earned $2.13 million for each of his wins. Texas’ rival, Oklahoma, paid Will Venables $1.40 million for each of his six wins.
Apply Sarkisian’s raise — which brings his guaranteed compensation to $10.8 million next…
Source link : https://sports.yahoo.com/article/steve-sarkisian-contract-3-things-002432330.html
Author : Austin American-Statesman
Publish date : 2025-02-22 00:24:00
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