Marc Weinreich
Monday May 12th, 2014

George O'Leary first came to UCF in 2004 (Getty Images/Christian Petersen) George O'Leary first came to UCF in 2004 (Getty Images/Christian Petersen)

University of Central Florida head football coach George O'Leary received a four-year contract extension on Monday to remain with the program, according to Jeremy Fowler of CBS Sports.

Though the school has yet to confirm terms of the deal, Fowler reported that the deal is expected to pay the 67-year-old an average of more than $2 million per year, including any incentives built into the package. He had made $1.5 million this past season. The school and O'Leary each confirmed to CBS Sports that a deal was in place, but did not comment on the particulars.

“It's more about how much commitment to the program (than the salaries)," O'Leary said. "They've been good to us. To me, it's about camaraderie. The salaries (nationally) are so out of whack now, it's ridiculous.”

The head coach led the Knights to a 12-win season and a big win over Baylor in the Fiesta Bowl this past year. The team will look to repeat its success next year without quarterback Blake Bortles, who was selected No. 3 overall by the Jacksonville Jaguars in last week's NFL Draft.

SI WIRE: ACC to require game against power conference team beginning in 2017  

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.