University of Texas said Wednesday that former head football coach Mack Brown and the university have agreed upon a $2.75 million severance pay, which would’ve been granted to Brown if he would’ve been fired by Texas. The university also announced that Brown would remain with the program on a one-year, $500,000 job as a special assistant to the president of athletics.
Both options were apart of Brown’s original deal with Texas in two different clauses in the case of resignation or termination.
On Dec. 14 Brown stepped down as the head football coach at Texas after 15 seasons with the program, leaving the school searching for a new coach for the first time since 1998. Texas eventually decided to hand the reigns over to former University of Louisville head football coach Charlie Strong.
Brown and Texas had been going back and forth on the amount of money Brown was to receive as part of the severance deal, with Brown asking for more money than Texas wanted to dish out. Many questioned why Texas would give Brown this buyout and new position, and it also brought up questions surrounding Brown’s departure.
Texas spokesman Nick Voinis reiterated this week that Brown did indeed resign and that the new position and buyout money were agreed to and that Texas was honoring his original contract.
The contract included language that stated if Brown were to willing give up his coaching duties he would be placed in another significant position with pay in the $500,000 range.
Brown’s new job will include many different aspects including fundraising for the athletic department.
Brown totaled a record of 158-45 in 15 years at Texas, including: one Coach of the Year award (2008), two Big 12 Championships (2005 and 2009), six Big 12 South Division Championships, and the 2006 BCS National Championship. He was also the Big 12 Coach of the Year in 2005 and 2009.