Central Florida working on extension for O'Leary

Published Mar. 3, 2013 3:03 p.m. ET

foxsports

Central Florida is working on a two-year contract extension for football coach George O'Leary that would keep him under contract through the 2017 season.

Athletic director Todd Stansbury confirmed through a spokesman the deal is expected to be completed soon.

O'Leary signed a 10-year contract in 2006 that is set to end following the 2015 season. He is making just shy of $1 million a year, although bonus incentives can push the figure to $1.5 million.

The 66-year-old coach has guided the Knights to their first bowl appearance and bowl victories. He also helped spur construction of the on-campus football stadium.

The Knights are to join the Big East Conference next season.