The University of Houston and coach Dana Holgorsen have verbally agreed on a multiyear extension, sources confirmed to The Athletic. The details of the contract are still being finalized.

Holgorsen, 50, signed his original contract in 2019, which was scheduled to run into 2023. He was slated to make $4.2 million in 2022 and $4.3 million in 2023. The original contract also contained a clause that required Holgorsen and Houston to begin negotiating a raise "in good faith" if the school was invited to a Power 5 conference during his tenure. The clause also included a $1 million bonus for Holgorsen payable within two years of the school accepting an invitation.

Houston accepted an invitation in September 2021 to join the Big 12. The Cougars can officially join the Big 12 as early as 2023.

Holgorsen has a 19-15 record in his three seasons at Houston. In 2021, he led the Cougars to a 12-2 season, which consisted of an AAC championship game appearance and winning the Birmingham Bowl over Auburn. The 17-13 victory over the Tigers was Houston's 12th bowl game win in school history.