The Austin American-Statesman is reporting on its website tonight that the UT Board of Regents will extend Mack Brown's contract through the 2020 season.

The Board of Regents are scheduled to meet this Thursday by telephone to consider the contract extension. The new deal would add four years to Brown's current pact and would continue to award an annual raise of $100,000. Brown's compensation package is presently at $5.2 million a year.

The regents are also supposedly ready to agree to a buyout option that would allow for the dismissal of Brown with six months notice along with a $3.5 million payment.