Texas spent big bucks to find new coach Charlie Strong
Texas football is big business.
And to be big, the Longhorns spend big.
Following Mack Brown’s retirement in December, Texas paid a search firm $266,990 to help find its new head coach Charlie Strong, according to a report by USA Today.
Invoices obtained by USA Today state that Korn/Ferry International billed Texas $250,000 plus an administrative fee of 6 percent.
That’s pretty much just pocket change for the amount of money the Texas athletic program brings in ever year.
One popular search firm in college sports, Parker Executive Search, told USA Today it has charged schools between $75,000 and $90,000.
Brown earned $5.5 million in his final season at Texas, making him the second highest paid college football coach behind Alabama’s Nick Saban.
By comparison, Louisiana-Monroe’s Todd Berry’s annual salary of $288,000 was nearly the amount Texas spent on the search firm.
The Longhorns have underachieved in football the last four seasons and haven’t won a conference championship since 2009.
Most Texas fans are happy with the hire, but they’re hoping he’s worth the money spent to find him.
Follow Louis Ojeda Jr. on Twitter @LouisOjedaJr