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Texas approves $28.75 million pact for Tom Herman

By The Sports Xchange

The Texas Board of Regents on Saturday approved a five-year, $28.75-million contract for new Longhorns head coach Tom Herman.

Herman will be paid $5 million in 2017, which will increase by $250,000 each year.

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The former Houston head coach will get a $100,000 bonus if the Longhorns win the Big 12 championship. He will get $250,000 if they win a national title. If Herman is name national coach of the year he will get a $100,000 bonus.

HeHerman also will receive a $1 million retention bonus if he is still with the school on Dec. 19, 2019.

The 41-year-old Herman replaces Charlie Strong, who had a five-year, $26 million guaranteed contract. Texas still owes Strong more than $10 million.

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