Source: Steve Sarkisian agrees to new contract with Texas

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Just more than a week after its season ended in the College Football Playoff, Texas has agreed to new contract with Longhorns coach Steve Sarkisian, a source told ESPN's Pete Thamel on Saturday, confirming a report. The sides came to an agreement Friday night in a deal that includes an extension.

A source told ESPN that it's a seven-year contract for Sarkisian that adds a year to his deal and makes him one of the highest paid coaches in college football.

The Longhorns, in their first season in the SEC, advanced to the title game and won two CFP playoff games, against Clemson and Arizona State, before being eliminated by Ohio State last Friday in the Cotton Bowl.

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