The Texas coach's new deal doesn't lift him above what Swinney or Smart earned in 2024. And Ohio State coach Ryan Day signed a new deal after the Buckeyes won the national championship last season that is set to pay him $12.5 million in 2025, which puts his deal above Sarkisian's on the list of the sport's most lucrative.

The Texas Longhorns have been among the most prominent college football teams for the past few seasons. The Longhorns have had great success with head coach Steve Sarkisian at the helm. They have reached the college football playoff semifinals two seasons in a row.

The University of Texas System Board of Regents approved a raise and contract extension for football coach Steve Sarkisian on Thursday after the Longhorns advanced to the College Football Playoff semifinals for the second consecutive season.