March 8, 2025

Phoenix Sun

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Texas Sets $332M Athletic Revenue Record as Sarkisian’s Salary Nearly Doubles The University of Texas has become the first Division I public school to exceed $300 million in both revenue and expenses, reporting a record-breaking $332 million for the 2024 fiscal year. This achievement coincides with head football coach Steve Sarkisian’s contract extension, nearly doubling his salary to $10.6 million annually. The Longhorns’ financial success highlights the football program’s resurgence, strategic investments, and growing national prominence as the school prepares to join the SEC.

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