University of Texas System regents on Thursday approved a six-year, $34.2 million guaranteed contract for new Longhorns football coach Steve Sarkisian.

Sarkisian was hired in early January to replace Tom Herman, who was fired with three seasons and more than $15 million left on his guaranteed contract.

Sarkisian is a former head coach at Washington and Southern California, and was the offensive coordinator the last two seasons at Alabama, which won the 2020 national championship.

Sarkisian's contract also includes 20 hours' use of a private plane annually, $250,000 in relocation expenses, an a one-time payment of $1.2 million on Dec. 31, 2024, if he is still the Texas coach.