Georgia football coach Mark Richt led the Bulldogs to the SEC East title last year, and Thursday he was rewarded with a contract extension.
ATHENS — The contract extension for University of Georgia head football coach Mark Richt was finalized, signed, and approved by the UGA Athletic Association Board of Directors Executive Committee on Thursday afternoon, according to an announcement by Director of Athletics Greg McGarity.
The three-year extension, added to the two remaining on his existing contract, ties Richt to Georgia through the 2016 season.
“We’re very pleased the final details of coach Richt’s contract have been completed and the document has been officially executed,” McGarity said. “I think it’s a win-win for all involved and we’re ready to move forward toward the coming season.”
UGA president Michael Adams added: “Mark Richt is not only the dean of SEC coaches, he is a person who has represented the University of Georgia extraordinarily well since he arrived in December of 2000. He has compiled a very strong record of wins and losses over that period. I am glad we were able to work out this contract extension which I believe is good for the University, good for football and good for Mark.”
Richt expressed his pleasure in a statement released by the school.
“I’m pleased president Adams, Greg McGarity and the Athletic Board have the confidence in me, our football staff, and the direction of the program,” said Richt, whose Bulldogs went 10-4 last season and won the SEC East crown. “I’m thankful to get the final details of the contract completed and am ready to continue preparations for the upcoming season and beyond.”
McGarity, who took over as director of athletics on Sept. 1, 2010, also had his contract extended through 2017.
“One always has concerns about how any new hire might turn out,” Adams said. “But two years into our relationship with Greg McGarity, he has proven to be not only competent but extraordinary.”
McGarity’s contract will now run through December 2017, and the board approved to increase his compensation to $500,000 effective July 1, 2012, and to $550,000 effective July 1, 2013.