Tom Herman Offered Salary Increase by Houston: Latest Details, Reaction

The University of Houston does not want head coach Tom Herman going anywhere after this season, as it announced Thursday it will offer to raise his annual salary to $3 million, according to Sports Illustrated's Pete Thamel. Houston's Board has approved the decision and is waiting for Herman to accept, per Thamel. 

In his first season as a college head coach, Herman has led the Cougars to a 10-0 record and 19th overall in the College Football Playoff rankings. It's the first time they've won 10 or more games in a season since they were competing in Conference USA in 2011.

Herman previously was the offensive coordinator at Ohio State before signing a five-year, $6.75 million contract in the offseason with Houston.        

That would mean Herman was due to make $1.35 million this season. Raising it to $3 million would more than double it. Now, he would be making close to $15 million over the span of his contract.

The increase also would make him the highest-paid coach not in a Power Five conference and 28th overall in the nation, according to USA Today.

Herman has been receiving interest from Power Five schools such as South Carolina and the University of Miami, respectively, according to 247Sports' JC Shurburtt and David Lake. 

The Houston man did his best to shut down the rumors toward the end of October, telling Joseph Duarte of the Houston Chronicle: "I’m not even gonna comment on another job. That’s not fair to our program and where we’re headed.”

Houston, though, isn't taking any chances on Herman's past comments. If bigger schools are going to lure him away from the Cougars, they have to be prepared to spend top dollar to do so. 

Stats courtesy of Sports-Reference.com.