Texas A&M University has named Mike Elko as its new head football coach, university officials announced Monday.
The hire comes just two weeks after the university spent over $75 million to buy out former head coach Jimbo Fisher’s contract.
"Coach Mike Elko is one of the best leaders and coaches in college football and has had high-level success at each stop of his career. "He is known amongst coaching circles as one of the best defensive minds in the country," A&M athletics director Ross Bjork said in a statement.
Elko has been the head coach at Duke for the past two seasons, leading the team to back-to-back bowl games. He served as the Texas A&M defensive coordinator and safeties coach from 2018 to 2021, assisting the team with four straight bowl trips and an overall record of 34-14.
"Director of Athletics Ross Bjork's unwavering dedication to the success of our athletics program truly hits a high point with this hire," A&M Interim President Mark A. Welsh III said in a statement. "Coach Elko understands that fostering the growth of our student-athletes goes well beyond the playing field. He recognizes a successful athletics program requires nurturing athletic prowess while simultaneously instilling invaluable life skills and preparing them for facing challenges that will come after college."
Elko’s six-year contract will last through Jan. 30, 2030, with an annual base salary of $7 million. He’ll also qualify for post-season incentives and pay increases depending on the team’s performance.
The contract is pending approval by the Texas A&M Board of Regents, who will discuss it Thursday.
Elko’s hiring puts an end to a national search to replace Fisher, whose buyout was paid for by donor dollars from the school’s 12th Man Foundation and athletic department funds. The buyout is the most money ever owed to a football coach.
Fisher’s initial $75 million contract, signed in 2017, guaranteed him 10 years at the university and was extended another four years in 2021. Before his departure, Fisher earned an annual salary of $9 million.
In contrast, Steve Sarkisian, University of Texas at Austin head football coach, is set to make at least $34.2 million throughout his six-year contract.
The decision to fire Fisher came after the team’s 35-38 loss to the University of Mississippi. Ahead of Elko’s hiring, A&M Assistant Coach Elijah Robinson was named the team’s interim head coach for the final two games of the season.
“After very careful analysis of all the components related to Texas A&M football, I recommended to President Welsh and then Chancellor Sharp that a change in the leadership of the program was necessary in order for Aggie football to reach our full potential and they accepted my decision," Bjork said in a statement earlier this month. "We appreciate Coach Fisher’s time here at Texas A&M and we wish him the best in his future endeavors.”