The UT Board of Regents unanimously approved a new deal with Mack Brown yesterday that will keep Coach Clap strolling the 40 Acre sidelines through 2016. His base pay this year will be increased $2.81M plus an appearance fee of $100k for coaching this Saturday. Reports are that Brown intends to show up on Saturday. Brown will continue to get a standard $100k annual pay increase until they re-structure the deal again in the next 36 months.
Coach Brown said he intends to get some rims like Darren McFadden with the appearance fee dollars.
Most importantly, he earns retention bonuses on January 1, 2009 and January 1, 2010 of $1M and $2M, respectively. There is a solid reason to stay in good health. Psst, Greg, he isn't going anywhere.
Brown's base pay has almost quadrupled since he came to Austin after the 1997 season for a measly $750k per year. Frankly, given that the Texas football program is slated to bring in about $40M in profits this year, I think Brown's cut is very reasonable.
In the same period between 1997 and 2007, Henry James' hourly wage has gone from $5.35 to $9.85. He was unavailable for comment.
The other coaches in that same $3M guaranteed stratosphere are Nick Saban ($4M), Bob Stoops ($3.5M), Urban Meyer ($3.3M), Pete Carroll ($3M), and reportedly Charlie Weiss (~$3M). One of these things is not like the other, Charlie. Here's to you posting a winning record this year.