AUSTIN — Texas head football coach Steve Sarkisian will be awarded a $400,000 raise that will bump his guaranteed compensation per year to $10.8 million when the school’s Board of Regents is expected to rubber-stamp his new contact next week.

Sarkisian, who has taken the Longhorns to back-to-back College Football Playoffs and last year’s team to the semifinals, will also have another year tacked on to his agreement.

Under the proposed contract extension, his contract will be hiked to $11 million in 2026 and eventually to $12.3 million for the 2031 football season.

THE PROCESS: How Texas decided Steve Sarkisian was the answer.

In addition, Texas women’s basketball coach Vic Schaefer will receive an additional three years on his contract if the regents approve the move during their meetings next Wednesday and Thursday.

Schaefer’s extension surprisingly does not add any money to his current contract despite a spectacular season in which his team is 25-2 and co-leaders in SEC play with a 11-1. The Longhorns face LSU at Moody Center Sunday.

He eventually receives small bumps that improve his annual pay to $2.4 million for the 2027-2028 season and an additional $100,000 increases the following two years to move him to $2.6 million annually.

The regents will also be asked to approve an extra one-year contract for special teams coordinator Jeff Banks through the 2027 season even though the Longhorns special teams were a source of problem last season.

First-year linebacker coach Johnny Nansen, who came from Arizona and had an instant positive impact as co-defensive coordinator, will get a raise to $1.1 million for the coming season and an additional year that will take him to $1.2 million in the 2026 season.

Other raises for Longhorn football assistants could be forthcoming next week.

In his four seasons, Sarkisian has a 38-17 record that includes an impressive 25-5 mark the last two seasons. The Longhorns reached the SEC championship game but fell to Georgia for the second time last season. Texas is projected to be a top three team next fall.

Sarkisian’s salary falls behind Georgia’s Kirby Smart and Ohio State’s Ryan Day, but Smart has two national championships and Day won his first last month with a victory over Notre Dame. Texas opens the 2025 season at Ohio State.