Texas extends Steve Sarkisian's contract, boosts salary to $12.3M by '31

The University of Texas System Board of Regents has approved a contract extension and salary increase for head football coach Steve Sarkisian, extending his contract through 2031 and raising his salary from $10.4 million to $10.8 million this year, ultimately reaching $12.3 million by the final year. This decision follows the Longhorns' successful performance, making the College Football Playoff semifinals for the second consecutive season and achieving a No. 1 ranking midseason. Sarkisian, who has a 38-17 record in four seasons, is expected to lead Texas as they continue to compete for national championships, especially with Arch Manning set to take over as starting quarterback next season. The board also approved similar contract extensions for assistant coaches Jeff Banks and Johnny Nansen. Sarkisian's new deal reflects his status as one of the highest-paid coaches in college football, particularly after the Longhorns' strong showing in their first year in the Southeastern Conference. The Longhorns are set to face Ohio State in their season opener on August 30.