DALLAS -- Texas A&M coach Dennis Franchione will get a contract extension and a raise after leading the Aggies to the Cotton Bowl in his second season.
Athletic director Bill Byrne said Saturday before the Cotton Bowl that Franchione's contract, currently worth $1.7 million annually through 2010, was being restructured.
"He's done a great job with the talent we have, and I look forward to a great future at Texas A&M," Byrne said. "We want to make sure Dennis Franchione continues to coach our football team."
After going 4-8 in Franchione's first season, the Aggies were 7-4 going into the Cotton Bowl against Tennessee. It was their first New Year's Day game since playing in the Sugar Bowl six years ago.
Byrne was not ready to release details of the new contract but said Franchione will remain among the best-paid coaches in the country. The deal is expected to be completed this month.
Word of Franchione's new deal came three days after Texas coach Mack Brown agreed to a 10-year contract worth more than $25 million.
Brown has led the Longhorns to four straight seasons with at least 10 victories. Texas played in its first Bowl Championship Series game Saturday, against Michigan in the Rose Bowl.
Byrne said a restructured contract for Franchione had been discussed before Brown got his new deal.
"We always analyze our compensation at the end of every year," Byrne said. "This is something that actually President [Robert] Gates and I talked about sometime in November."
Texas A&M started this season with a 41-21 loss at Utah, then won six straight games before losing three of its last four. The Aggies still got their first Cotton Bowl berth since 1998 after Texas got into the BCS.