March 12, 2012
ATHENS-- University of Georgia football coach Mark Richt will receive a three-year contract extension according to an announcement Monday by UGA Director of Athletics Greg McGarity.
The extension, added to his existing contract, gives Richt a total of five years which will take him through the 2016 season. His current compensation is valued at $2.81 million annually. Financial details of the new contract are in the process of being finalized.
"The extension is a statement that we are excited to have Mark as our coach and that he is excited about being at Georgia in the years to come," said McGarity.
"I've said for many years that I wanted to be at Georgia as long as Georgia wanted me," said Richt. "I'm excited about where we are with our program and looking forward to the years ahead."
In addition, Richt announced Monday that defensive coordinator Todd Grantham has agreed to a two-year extension added to the existing year left on his original contract. The new three-year deal will take him through the 2014 season heading up the Bulldog defense. Financial details are in the process of being finalized.
"Todd has done an outstanding job with our defense and I know our staff and players look forward to his continuing leadership on that side of the ball," said Richt.