The governing board of the University of Texas is expected to extend the length of football coach Mack Brown’s contract by four years, through 2020, a well-placed source told the American-Statesman this evening.
The source, who spoke on the condition of anonymity because the source was not authorized to speak publicly, said Brown would continue to receive annual raises of $100,000. His current compensation is $5.2 million.
The UT System Board of Regents is schedule to meet by telephone Thursday to consider changes in the contract.
A contract extension would be a signal to potential recruits that the coach isn’t about to leave. But the regents are also expected to approve a provision that would in essence allow the university to dismiss Brown for $3.5 million with about six months’ notice, the source said.