According to reports, Steve Sarkisian’s buyout might total $54 million under the terms of the head coach’s new deal.
Steve Sarkisian, the head coach of the Texas Longhorns, has a new deal .
A recent article at Inside Texas said that firing the head football coach would be quite expensive.In fact, the university would lose more than $54 million if the head coach—who presently makes more than $10 million annually—were fired after the 2024 NCAA season.
Every year, the buyout drops by roughly $9 million, and if the incoming fourth-year head coach is fired following the 2029 college football season, it will drop to about $9 million.
Steve Sarkisian’s Texas contract buyout figures
$54.4M in 2024; $45.4M in 2025; $36.5M in 2026; $27.5M in 2027; $18.4M in 2028; and $9.2M in 2029