SMU is ponying up.
The Mustangs are making a significant financial commitment to Sonny Dykes in an attempt to keep him in Dallas, sources tell Sports Illustrated. The school has offered Dykes a new contract with an extensive raise that would make him one of the highest-paid coaches in the Group of 5.
The university has been working on the new deal for several weeks and has presented it to the coach and his agent. A timeline on when, or if, he will agree to the contract is unclear. If he signs it, the deal would align his salary with the two highest paid Group of 5 coaches, Houston’s Dana Holgorsen and Cincinnati's Luke Fickell.