Texas, Rodney Terry Agree to Five-Year, $15.3M Contract: Report
It appears the Texas Longhorns have removed the interim tag from Rodney Terry’s title, making him the full-time head basketball coach in Austin, according to multiple reports.
According to Boardroom, Terry has agreed to a five-year deal worth $15.3 million, a deal that Terry has more than earned after leading Texas through a difficult time and having wonderful success in doing so.
Terry, 55, took over as the Longhorns’ head coach in December of 2022 after Chris Beard was suspended following domestic violence allegations. When Beard was officially fired in January, Terry was named the interim head coach and proceeded to lead Texas to a second-place regular season finish in the Big 12 and a conference tournament championship.
After winning the Big 12 tournament, Terry’s Longhorns earned a No. 2 seed in the NCAA Tournament and then made a run to the Elite Eight before being bounced by the Miami Hurricanes, 88-81.
Texas hadn’t been to the Sweet 16 since 2008, let alone the Elite Eight. Despite Chris Del Conte reportedly not wanting to give Terry the job before the NCAA Tournament, he was left no choice but to go all-in with him after the Longhorns’ tournament run.
An officially announcement from the school is expected shortly, but Terry will stay at Texas, and that is great news for all parties involved.