Kirk Bohls with this report:
With the addition of 10 football players out of the transfer portal and probably one or two more on the way, the budget for next season’s Texas roster has grown as well. It currently sits somewhere “between $35 million and $40 million,” which counts the likely revenue-sharing allotment expected to be $20.5 million as well as payouts through the Texas One Fund, a connected source tells the Houston Chronicle. This also figures to be a one-time exorbitant expense because athletic director Chris Del Conte and others have said the school plans to phase out its collective in favor of the revenue-sharing via the House settlement and with the move to name, image and likeness payouts through corporations. “It’s just unsustainable,” the source said of the high payouts. “The next season after this year, the whole world will be back to reality.” The source declined to reveal how many Longhorn players will command at least a $1 million salary because such transparency foments comparative discussions and locker-room chaos. … Head coach Steve Sarkisian applauded quarterback Quinn Ewers for not taking money from the Texas One Fund although the Texas source said he got some but was paid the bulk of his money by corporations “so Texas could have more good players around him.” … Quarterback Arch Manning is “by far the highest-paid Texas player,” as expected, but doesn’t take a dime from the school. He and his family acquired all his deals on their own “with no help from the school.”
Texas Longhorns will spend between $35-40 million on football roster