Shaka Smart became the Texas Longhorns head basketball coach at the earliest portion of last April and less than a year-and-a-half later, the University of Texas Board of Regents felt it necessary Smart received a one-year extension and yearly pay raise.
According to the news first reported by the Austin American-Statesman, Smart’s contract has been extended through the 2022-23 season and has received a pay increase, as well, which will see Smart make $3 million for the upcoming season and an additional $100,000 each season after.
Considering what Smart has shown during his lone season in Austin, this news appears to be well-deserved for the 39-year-old coach. Last season, Texas fought through the loss of Cameron Ridley and still made an NCAA Tournament appearance by way of an NCAA-leading four wins over top 10 teams; three of which came in the absolutely grueling Big 12 conference schedule. Even more impressively, Smart has proven his recruiting prowess is up to par with the expectations in Austin. His first full recruiting cycle provided Texas with the nation’s No. 5 class and two McDonald’s All-Americans in Andrew Jones and Jarrett Allen. His 2017 class could be on pass to be even more impressive, so it’s not really a surprise why the decision-makers in Austin want to keep Smart around for as long as possible.