The University of Texas regents approved a seven-year contract for baseball coach Jim Schlossnagle, paying him $1 million annually for the first two years and $2.68 million annually for the subsequent five years. Schlossnagle was hired from Texas A&M shortly after the Aggies' loss in the College World Series, replacing David Pierce, who was dismissed after eight seasons. Before his tenure at Texas A&M, Schlossnagle led TCU to five College World Series appearances. Texas, which recently moved from the Big 12 to the SEC, paid a $2.7 million buyout to A&M as part of the hiring process. Schlossnagle's compensation package includes additional benefits like a dealership car, a club membership, and potential bonuses of up to $500,000 annually. His hiring aims to revitalize a Texas program with a storied history but no national titles since 2005.