Texas A&M HC Mike Elko lands $69M extension with major incentives

Texas A&M head football coach Mike Elko has been in the news early this week, and thanks to an open‑records request, we now have concrete details about his recently signed contract extension.

On Monday, we learned what had essentially been clear since the South Carolina game last season: Elko is making significantly more money now than he did when he arrived in 2024. His new deal is worth $69 million over six years, a $27 million increase from his original contract. The extension keeps him in Aggieland through 2031.

The contract includes several notable incentives—performance bonuses tied to final record, postseason appearances, national awards such as AP Coach of the Year, and more. It also features premium perks, including two luxury vehicles, a family suite, and access to a private aircraft.

One of the most interesting additions is the NIL and revenue‑sharing language. The agreement requires the parties to meet multiple times per year to determine the amount of direct NIL and revenue‑share support coming from the university. If they cannot reach a consensus, Texas A&M can unilaterally set the amount allocated to players.

This only scratches the surface of what’s inside the contract. And while some may have viewed an extension as premature, when you identify a true culture‑changer, you lock him up quickly. Elko delivered A&M’s best team since 2012 and guided the program to its first-ever College Football Playoff. A new deal was inevitable—and now, as one of the highest‑paid coaches in the country, he can focus on making double‑digit win seasons the standard and leaving the 8–4 era behind.

For a deeper dive into the full contract details, Carter Karels has an excellent breakdown you can check out here.

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This article originally appeared on Aggies Wire: HC Mike Elko becomes one of CFB’s highest‑paid with new Texas A&M deal