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: Solar Panels Eliminating Some North Texans' Electricity Bills Entirely
Schaefer’s annual salary will start at $1.8 million and rise to $2.1 million by the final year.READ MORE: Dallas Police Recover What Could Be The Weapon Used To Kill 4-Year-Old Cash Geron
He also gets $300,000 for moving expenses and a $200,000 payment at the end of 2024-25 season.MORE NEWS: Man Found Dead In Dallas Golf Course Pond
Texas regents posted the contract details Monday. The board meets Wednesday and Thursday