Thought some might like to see this.
Texas regents approve Muschamp deal
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Associated Press
AUSTIN, Texas -- University of Texas System regents on Wednesday unanimously approved the new contract for Longhorn defensive coordinator Will Muschamp, who is in line to take over for head coach Mack Brown when he decides to retire.
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The deal pays Muschamp $900,000 a year as defensive coordinator and at least $2 million a year as head coach if he takes over the Texas program as soon as 2010.
The head-coaching salary would increase every year after that and if he is not head coach by January 2013, that portion of the contract would be renegotiated at a figure higher than $2.5 million.
The deal to make Muschamp the Texas head coach-designate was announced in November. Many of the contract details were already known, but any contract that pays $1 million or more must be formally approved by the university regents. The $900,000 salary portion kicked in Jan. 1.
Brown still has several years left on his contract, which has a base salary of $2.9 million.
Copyright 2009 by The Associated Press