May 4, 2012

Vote set for Richt contract



Finally, it appears that head coach Mark Richt's new contract extension will become official later this month.

In a text to UGASports, athletic director Greg McGarity said Friday that Richt's contract will be finalized during a vote later this month of the UGA Athletic Association Executive Board.

McGarity added that defensive coordinator Todd Grantham's contract extension will be finalized as soon as the legal reps for both sides "complete their reviews."

Although details of both deals have yet to be announced, Richt agreed in March to a three-year extension to his current contract that will take him through the 2016 campaign.

Grantham, meanwhile, has agreed to a two-year extension to his current three-year plan that would keep him in Athens through 2014. He's currently entering the final year of a three-year contract that pays him $750,000 per season.

Richt's current compensation package is $2.81 million per season.

"We've agreed to all the big stuff. There are still some things that's got to be ironed out, but yeah, I'm excited about the new contract. I've never really changed my stance about how I felt about Georgia from the first day I got here," Richt said back in March. "I remember being here and I remember talking how excited I was to be the head coach at Georgia and how my goal and my wife Katharyn's goal to build my life here in Athens, Ga., raise our children here and finish my caching career here. That thought has never changed for me. I'm just thankful that Mr. McGarity and the University of Georgia is excited about me continuing my coaching career here. That's good news."

The contracts for Georgia's other assistant coaches will not be addressed until they become due later this summer (July 1).