Current:Home > reviewsTexas giving athletic director Chris Del Conte extension, raise -FutureWise Finance
Texas giving athletic director Chris Del Conte extension, raise
View
Date:2025-04-19 14:56:09
The University of Texas expects to have Chris Del Conte leading its athletic department for the foreseeable future.
Texas has recommended that Del Conte receive a contract extension, and the UT System Board of Regents is expected to review that proposal at its meeting next week. Significant contracts that are given to Texas coaches and administrators must be approved by the regents, but those approvals are usually a formality.
Del Conte has been the athletics director at Texas since December 2017, and his current contract runs through the 2027 fiscal year. Under the proposed extension, Del Conte's deal wouldn't be up until after the 2030 fiscal year.
If approved by the regents, Del Conte would receive a raise for the four years that he is already under contract for. He would then be guaranteed $2,850,000, $3,000,000 and $3,150,000 during the three years that were tacked onto his deal. According to Texas, the reworked seven-year contract is worth up to $19.25 million.
"Chris Del Conte came to the Forty Acres with a vision for elevating Texas Athletics to compete and win both on and off the field and he has consistently delivered," UT System Board of Regents chairman Kevin Eltife said in a press release. "In my opinion, he is the best athletic director in the country. I am excited to see his contract extended to 2030 and look forward to continuing to work with him to make all of Longhorn Nation proud."
The addition of Bevo Boulevard and Longhorn City Limits at the Texas football games have been among Del Conte's big-picture ideas. The Longhorns have also opened the $375 million Moody Center and renovated the football stadium's south end zone during his tenure. Earlier this year, Texas announced that it made a surplus of $14,137,637 during the 2022 fiscal year.
Del Conte has hired eight head coaches since his arrival at Texas, and one of those new coaches − track and field's Edrick Floréal − has won two of the 11 national championships that UT has claimed during the Del Conte era. The Longhorns also earned the Director's Cup during the 2020-21 and 2021-22 school years.
In UT's press release, Del Conte was quoted as saying that "Nearly six years ago, I followed my dream to lead the best collegiate athletics program in the country at a university that changes the world. I have been truly honored and thrilled to have such genuine support and trust from Chairman Eltife and President Hartzell. With Longhorn Nation firmly behind us, we have steadfastly worked together to make Texas an elite destination for collegiate athletics, surrounded by the premier coaches, staff and student-athletes in the country. I could not be more (excited) as we head into the final year of the Big 12, prepare to enter the Southeastern Conference, and embark on the next chapter in the proud and storied history of Texas Athletics."
Texas will leave the Big 12 Conference and join the Southeastern Conference next summer.
veryGood! (1275)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Travis Kelce Thanks Taylor Swift and Her Fans for Helping His and Jason Kelce's Song Reach No. 1
- Regulators and law enforcement crack down on crypto’s bad actors. Congress has yet to take action
- Wilcox Ice Cream recalls all flavors due to possible listeria contamination
- The Grammy nominee you need to hear: Esperanza Spalding
- Meet the influential women behind Argentina’s President-elect Javier Milei
- India restores e-visa services for Canadian nationals, easing diplomatic row between the 2 countries
- Cryptocurrency exchange Binance pleads guilty along with CEO to money laundering charges
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- New AP analysis of last month’s deadly Gaza hospital explosion rules out widely cited video
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Hailey Bieber Drops a Shimmering Version of the Viral Rhode Lip Tint Just in Time for the Holidays
- Landslide leaves 3 dead and trail of damage in remote community of Wrangell, Alaska
- Fantasy football rankings for Week 12: Be thankful for Chargers stars
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- 1000-Lb. Sisters' Tammy Slaton Honors Late Husband Caleb Willingham 4 Months After His Death
- Lana Del Rey talks ex's 'little bubble ego,' Taylor Swift collab, clairvoyant sessions
- No. 5 Marquette takes down No. 1 Kansas at Maui Invitational
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Student Academy Awards — a launching pad into Hollywood — celebrate 50 years
The first Macy's Thanksgiving Day Parade featured live animals (bears and elephants)
Mega Millions winning numbers: Check your tickets for $287 million jackpot
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Why Sarah Paulson Credits Matthew Perry for Helping Her Book TV Role
Utah gymnastics parts ways with Tom Farden after allegations of abusive coaching
Jeff Bezos fund donates $117 million to support homeless charities. Here are the recipients.