The governing board of the University of Texas is expected to extend football head coach Mack Brown's contract by four years, through 2020, a well-placed source told the American-Statesman on Monday.
The source, who spoke on the condition of anonymity because the source was not authorized to speak publicly, said Brown would continue to receive annual raises of $100,000. His current annual compensation is $5.2 million.
The UT System Board of Regents is scheduled to meet by telephone Thursday to consider changes in the contract, according to an announcement from the system.
A contract extension would be a signal to potential recruits that Brown isn't about to leave. But the regents are also expected to approve a provision that would in essence allow the university to dismiss Brown for $3.5 million with about six months' notice, the source said.
Brown, 60, went 8-5 last season, including a 21-10 victory over California at the Holiday Bowl. His team was 5-7 in 2010.
In his 14 years at Texas, Brown has compiled a 141-39 record, putting him 26 victories shy of Darrell Royal, the winningest coach in school history. Brown ranks 13th on the list of Football Bowl Subdivision coaches' lifetime victories, with 227. Joe Paterno, the former Penn State coach who died Sunday, leads all FBS coaches with 409 victories.