Kirby Smart, Georgia agree to massive contract extension

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Kirby Smart guided the Georgia Bulldogs to their first college football national championship since 1980, and he is entering the 2022 season with a bit of a fatter wallet.

The university announced Thursday it agreed to a lucrative contract extension with the 46-year-old head coach through the 2031 season. Smart will earn up to $10.25 million with his annual base salary and his supplemental compensation and with increases will earn up to $12.25 million in 2031.

The total boils down to $112.5 million over the next 10 seasons, according to ESPN.

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Georgia Bulldogs Head Coach Kirby Smart during the G-Day intrasquad spring game on April 16, 2022 at Sanford Stadium in Athens, GA. (John Adams/Icon Sportswire via Getty Images)

"Coach Smart's impact on the University of Georgia extends far past his significant accolades as our head football coach," Georgia athletic director J. Reid Parker said. "He and his wife are Bulldogs through and through, and it is evident that Athens and UGA mean as much to him as he means to us. I am excited for our football program's continued success under his direction.  The future of Georgia Football remains bright with Coach Smart as its steadfast leader."

University of Georgia President Jere W. Morehead said he looked "forward to seeing his continued success" with the team.

Smart becomes the highest-paid coach at a public university.

Georgia Bulldogs' head coach Kirby Smart speaks during NCAA college football Southeastern Conference Media Days, Wednesday, July 20, 2022, in Atlanta. (AP Photo/John Bazemore)

KIRBY SMART MAKES IT CLEAR: GEORGIA WILL BE THE TEAM DOING THE HUNTING THIS YEAR

"Mary Beth, my family