Houston head coach Tom Herman agreed to terms Friday morning to a contract amendment that will extend Herman's original contract through the 2020 season (Feb. 28, 2021) while raising the first-year head coach's annual compensation to $2.8 million.
Herman said, "My family and I are excited to renew our commitment to the University of Houston Football program. We live in one of the greatest cities, and combined with a Tier One University and with the commitments to our program, it provides a great atmosphere for a championship culture. We are thrilled, and we are completely focused on tomorrow's American Championship and representing the City of Houston on the national stage once again."
In addition to the compensation increase, the University of Houston says the amendment shifts the initial contract's buyout of $2.25 million end date from Feb. 28, 2018 to Feb. 28, 2019, with an increased buyout of $2.5 million for prior to Feb. 28, 2017. The amended agreement calls for the $2.5 million buyout to be reduced by 25 percent if the planned $20 million indoor facility project is not approved by the Board of Regents by Sept. 1, 2016 and the $2.25 million buyout to be reduced by 50 percent if construction of the indoor football practice facility is not at or near completion by Dec. 1, 2017, and reduced by 75 percent if the facility is not at or near completion by Dec. 1, 2018.
Vice President for Intercollegiate Athletics Hunter Yurachek said, "As we've said in the past, we want Tom Herman to be the head football coach at the University of Houston well into the future. The Head Football Coach at the University of Houston is a destination position and not a stepping stone, and a successful coach like Coach Herman's can build and maintain a nationally relevant, championship program in the city of Houston."
In his first season at the University of Houston, Herman became just the fifth head coach in NCAA history to win the first 10 games of his career.
Named The American Athletic Conference's Co-Coach of the Year on Wednesday, Herman has led Houston to its fourth 11-win season in program history and is aiming for just its second 12-win season in program history.
He leads all FBS coaches in their first year with a program with 11 wins as Houston is third nationally with a 91.7 winning percentage at 11-1.
Stay with Eyewitness News for more on this story as we learn more.
Coach Tom Herman agrees to stay at UH with $2.8M salary