Texas and Oklahoma officials both confirmed to the American-Statesman on Tuesday that they have agreed to extend their football contract at the Cotton Bowl to 2025.
A Texas spokesman said the deal is pending approval by the UT System Board of Regents but athletic director Steve Patterson had agreed to the terms. Oklahoma athletic director Joe Castiglione confirmed the extension on his side.
The current agreement ran through 2020. The Dallas Morning News first reported the extension, and Dallas Mayor Mike Rawlings then held a press conference to make it official.
“Dallas is … committed to ensuring the game stays here at Fair Park well beyond 2025,” Rawlings said, according to the Morning News. “Dallas, Texas, is the home of the Red River Rivalry.”
Both Texas and Oklahoma receive $500,000 for playing at the Cotton Bowl, along with a share of ticket sales. It’s been speculated that the game could be moved to AT&T Stadium in Arlington in the future, but that won’t happen now for the foreseeable future.
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