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Texas HC Tom Herman receives two-year contract extension

On Thursday morning, the University of Texas officially announced a two-year extension for head football coach Tom Herman, which will keep him in Austin through the 2023 season.

Following the program’s first 10-win season since 2009, Herman received two extra years on his contract at $6.5 million for 2022 and $6.750 million for 2023, though those yearly increases are the same as those set by the original contract he signed in Nov. 2016. Herman’s annual compensation will remain set at $3.5 million, with the increases set for his 1-0 Culture LLC — $3 million in 2022 and $3.