Auburn gives Gus Malzahn 1-year extension, restructured deal

Auburn coach Gus Malzahn received a one-year contract extension through Dec. 31, 2020, paying him $4.725 million annually.

Malzahn is 27-13 in three years with the Tigers but only 13-11 in SEC play. The Tigers have lost 10 of their past 13 games against Power 5 opponents.

Malzahn signed the new deal April 1, but the school didn't release the news until Monday.

The new deal is for the same amount as his old deal, except for the one-year extension. Malzahn's previous contract paid him $4.35 million in 2016 with $250,000 increases in the next three years: $4.6 million (2017), $4.85 million (2018) and $5.1 million (2019).

The new contract pays him $4.725 million in each of the next five years with no salary increases. The total amount of the contract is the same as the previous deal for the years 2016-19 ($18.9 million) except for Malzahn receiving an additional year.

Malzahn's buyout remains the same. If he is fired by Auburn, the school will owe him $2.237 million for each year remaining on his contract.