By Nelson EspinalShareNewsweek is a Trust Project memberBYU head coach Kalani Sitake has officially announced he will remain at the school amid reports that Penn State was interested in him.
Over the last couple of days, multiple reports claimed that Sitake was the focus of Penn State's head coaching search as the program prepared to make a serious run at him.
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In response to the Nittany Lions' interest, BYU reportedly put together a financial package that would keep the coach at the program, while also promising additional NIL money and investment.
The pitch to Sitake seemed to be enough, as the school announced it has agreed to a contract extension that will keep him locked in for the foreseeable future.
...“I am humbled and full of gratitude for the outpouring of love from BYU fans and the trust and support provided to our football program by our university leadership,” Sitake said in the announcement of his contract extension.
“I’m thankful to President Shane Reese, Vice President Keith Vorkink and our Athletic Director Brian Santiago and his leadership team for the confidence they continue to place in me to lead our program and to take care of our players, coaches and staff. This is good for the stability and future of BYU football. I’m excited about our future.”
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The official figures were not released in the initial statement, but Pete Nakos of On3 reported the new deal would be around $9 million per year.
Additionally, Nakos claims $10 million to $15 million in NIL dollars along with a higher revenue-sharing agreement that brings even more money to the football team.
BYU went 11-1 overall during the regular season and 8-1 in conference play, going undefeated at home and their only loss at the hands of Texas Tech on the road.
The Cougers are currently preparing to face the Red Raiders for the Big 12 Championship and a spot in the College Football Playoffs.
More news: Kentucky Working Toward Deal With New Head Coach as Agreement Nears: Report
For more college football news, head to Newsweek Sports.
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