Members of the University of Texas System Board of Regents are scheduled to formally approve a new role for former baseball coach Augie Garrido.
Regents are set to approve Garrido’s transition to become a special assistant to the men’s athletic director, according to the agenda items posted on UT’s website. Garrido, the winningest coach in Division I baseball history, will earn $500,000 each of the next two years.
Garrido coached the Longhorns for 20 years and won two national titles. He was reassigned on May 30 with one year remaining on his coaching contract worth approximately $1 million annually.
Between buyout and new job, Augie Garrido will collect about $100k more, over two years, as if he had coached in 2017.
— Ryan Autullo (@AutulloAAS) August 22, 2016
Overall, Garrido finished his illustrious career with a 1,975-951-9 record in 48 seasons that includes five national titles and six national coach of the year honors.
UT regents may also change men’s basketball coach Shaka Smart’s contract. His deal is scheduled to be discussed in a closed session.
Smart signed a six-year guaranteed contract when he came from Virginia Commonwealth worth approximately $3 million annually over the life of the deal. He is scheduled to make $2.9 million in base salary this upcoming season. Smart’s base salary escalates in $100,000 increments overtime.
The UT regents meeting is scheduled to begin Wednesday.
Contact Brian Davis at 512-445-3957. Email email@example.com.
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