AUSTIN, Texas (AP) — New Texas women’s coach Vic Schaefer will get a seven-year, guaranteed contract worth $13.8 million when school regents vote to approve the deal later this week.
Texas hired Schaefer away from Mississippi State in April after not renewing former coach Karen Aston’s contract.READ MORE: What North Texas School Districts Have To Say About Gov. Greg Abbott Fully Reopening Texas
Schaefer’s annual salary will start at $1.8 million and rise to $2.1 million by the final year.READ MORE: Amber Alert Issued For Missing 15-Year-Old Lori Johnson Of Itasca
He also gets $300,000 for moving expenses and a $200,000 payment at the end of 2024-25 season.MORE NEWS: Fort Worth Restaurant Owner Excited To Be Able To Fill Every Table With Texas '100% Open' Next Week
Texas regents posted the contract details Monday. The board meets Wednesday and Thursday