After leading the Longhorns to a Big 12 championship and a College Football Playoff trip, the head coach of the Texas Longhorns was granted an extension.
The Texas Longhorns had their finest season since 2009, and head coach Steve Sarkisian was just inked to a contract extension.
Though the transaction was long overdue, it moved forward more quickly after Nick Saban’s retirement and Alabama looked about Austin to see if Sarkisian would consider coming back. With a deal that runs through 2030, the head coach of the Longhorns is currently among the most paid, taking home over $10 million annually. In addition to his handsome pay, he gets to travel in a private jet and will get an additional $300,000 before April 1.
Although dismissing Sarkisian is a topic Texas supporters hope they never have to discuss, we recently found out how much his annual buyout is.
It would be an expensive decision for the Longhorns to part ways with Sarkisian at any time, according to a report by Joe Cook of Inside Texas. For instance, Texas would owe Sarkisian $54,315,000 if they were to split ways with him the following season.
The cost decreases with each passing year, but once more, they are merely specifics that align with his contract. The program is currently experiencing one of its peak points in over ten years, therefore it would be devastating if something were to happen that required Texas to pay one of these fees.
Sarkisian declined a chance to go back to Alabama, but he will be going back to the SEC in 2024. The Longhorns have a formidable schedule ahead of them when they join the SEC for the first time next season, along with Oklahoma.
Positively, they improved their receiving room, brought back one of the finest quarterbacks in college football, and strengthened the defense by adding talent.
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