Texas Basketball: Contract details emerge for new HC Rodney Terry
The news dropped really soon after Texas basketball‘s NCAA Tournament exit last weekend in the Elite Eight at the hands of the five-seed Miami Hurricanes in the Midwest Region at the T-Mobile Center in Kansas City, MO. The two-seed Texas and interim head coach Rodney Terry fell short of Miami on March 26 by a score of 88-81.
Despite the loss, though, Terry still got some really good news from the Longhorns coming out of the weekend. Thanks to a really special postseason run that Terry led the Longhorns to this year, he was able to get the interim tag removed to become the next full-time Texas men’s hoops head coach.
The report emerged soon after Texas’ loss to Miami on the night of March 26 that Terry received an offer from the Longhorns to be the next full-time men’s hoops head coach. And it didn’t take too long after that report for the news to start to come out that Terry was getting a deal in place with the Texas brass to be announced as the next full-time head coach.
There is now a press conference scheduled for late in the morning on March 28 for Terry to be officially announced in front of the media.
Catch the @RodneyTerry press conference tomorrow at 11 AM CT on @LonghornNetwork and https://t.co/Wc2cHjiwxQ 🤘#HookEm pic.twitter.com/Vf5F8JfU2x
— Texas Men’s Basketball (@TexasMBB) March 28, 2023
Reported contract details for Rodney Terry as Texas basketball’s next head coach
A report from David Cobb of CBS Sports on March 27 also confirmed the multiple reports that Terry would be named Texas’ next full-time head coach this week.
This piece from CBS Sports early this week also mentioned the reported contract structure for Terry as Texas’ bench boss. Matt Norlander of CBS Sports tweeted out the contract details on the afternoon of March 27.
Rodney Terry's deal is worth $15.3 million total to start over 5 yrs, source confirms. Majority of deal was hashed out late last night and into this morning.
— Matt Norlander (@MattNorlander) March 27, 2023
Quite the reversal after it was presumed Terry wouldn't get the gig. H/T @Russ_Steinberg on original contract specifics.
Terry and the Longhorns agreed to a five-year contract worth $15.3 million. Norlander also confirmed that the “majority of [the] deal was hashed out” late in the night of March 26 and early on March 27.
The deal makes Terry the 26th Texas men’s basketball head coach in the program’s history. This is also the third school that he’s held the title of full-time head coach at. He also coached the UTEP Miners and Fresno State Bulldogs from 2011-2021.
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Terry and the Longhorns posted a record of 29-9 (12-6 Big 12) following the aforementioned seven-point loss to Miami in the Elite Eight on March 26. Texas won the Big 12 Men’s Tournament crown for the second time in three years this season and came in second place in the regular season conference standings.