Mack Brown was set to receive a one-time annual service payment of $2 million on Feb. 1 of 2010.
Thanks to a (major) tweaking of his contract that was approved by the Texas System Board of Regents today, that one-time payment became an annual payment through the remainder of his contract.
Brown, who made $3 million this season, will now be paid $5 million annually through the 2016 season. He’ll also remain eligible for $100,000 in annual raises written into his original contract.
No additional years were tacked on with this restructure.
Perhaps with this new-found money he and Les Miles can go halfsies on a clock management class this offseason?
(I kid, I kid. C’mon.)