AUSTIN, Texas (AP) — University of Texas regents agreed Thursday to extend football coach Mack Brown's contract by four years to 2020, a move school officials hope will be a message of long-term stability for a program eager to get back in the chase for national championships.
Brown is paid $5.2 million per year. He won't get any more money out of the new deal, but he will keep getting annual raises of $100,000 that are in his current contract. The contract includes a $3.5 million buyout that drops every year he stays with Texas.
The regents, who met by telephone conference, deliberated in private for about 40 minutes before unanimously approving the changes.
After the regents voted, Texas President Williams Powers Jr., and athletic director DeLoss Dodds said school officials want Brown to coach the Longhorns as long as he wants to. High school recruits can sign scholarship letters-of-intent on Feb. 1.
Rumors had cropped up after last season that Brown might retire or be forced out. Powers dismissed those Thursday as completely unfounded.
"He represents the university in exactly the way that we want it to be represented. For 14 years he's had tremendous success on the field and equally important, more important, he's represented the university with class, with integrity," Powers said.
"It is important to us to have Mack Brown as our football coach for as long into the future as we can. This contract is an expression of that," Powers said.
Brown, 60, is 141-39 in 14 seasons. Texas won the 2005 national championship and Big 12 championships in 2005 and 2009.
Brown's only losing season was in 2010 and Texas rebounded to an 8-5 finish last season with a win over California in the Holiday Bowl.
Dodds said Texas is also planning to give raises to Brown's staff, but declined to provide details or how much before they are approved.