After leading the longhorns to a big 12 title and a college football playoff appearance, the texas longhorns head coach was given an extension.
The deal was overdue, but nick saban’s departure and alabama’s exploration of austin to see if sarkisian wanted to return certainly accelerated the process.
The longhorns’ head coach is now on contract until 2030 and is now one of the highest-paid head coaches, earning $ 10+ million per year.
He will also receive a $300,000 bonus before april 1, in addition to his lucrative salary.
Although firing sarkisian is a conversation that texas fans should never have, we also learned how much his buyout costs per year.
According to inside texas’ joe cook, it would be a costly move if the longhorns were to move on from sarkisian at any time.
For example, if texas were to sell sarkisian next season, they would owe him $54,315,000.
The price goes down as each year goes bo, but again this is just details that coincide with his contract. If something were to happen to force Texas to have to pay one of these fees, it would certainly be a tough blow for the program that is riding one of the highest highs it has experienced in over a decade.
While Sarkisian turned down an opportunity to return to Alabama, he will be returning to the SEC in 2024. The Longhorns, along with Oklahoma, will be making their debuts as SEC members next season, with the Longhorns having quite the slate ahead of them.
