Univ. Of Texas To Honor Mack Brown's Contract Through '20
Texas football coach Mack Brown "informed the team during Saturday's practice" that he will step down after 16 years in the position, but will stay on for the Alamo Bowl against Oregon. Brown's attorney and UT benefactor Joe Jamail said that Brown will "remain at UT as special assistant to the president." Jamail added that UT will "honor Brown's contract through 2020, but Brown could accept another coaching job somewhere else before then." The school has "grown into a financial behemoth" under Brown, including the creation of the Longhorn Network and renovations to Darrell K. Royal Stadium (AUSTIN AMERICAN-STATESMAN, 12/15).
Meanwhile, Alabama football coach Nick Saban "reached an agreement Friday that is expected to raise his salary" to $7-7.5M per year from its current annual compensation of almost $5.4M and "extend his term." Saban's new deal "marks the fourth time his original eight-year contract has been extended since he arrived" at Alabama in Jan. '07 (TUSCALOOSA NEWS, 12/14).