The Sporting News' Matt Hayes reported Friday that Muschamp has received a raise of $250,000 through the 2017 season. The school confirmed the raise, which brings Muschamp's salary to $2,928,971.
"Dr. Machen and I believe very strongly in Coach Muschamp and his leadership and we felt it was appropriate to adjust his salary to be more in line with his market value," Athletic Director Jeremy Foley said in a statement.
Per TSN, Muschamp’s raise makes him the seventh-highest paid coach in the SEC, behind Alabama's Nick Saban ($5.47), LSU's Les Miles ($3.8 million), South Carolina's Steve Spurrier ($3.3 million), Georgia's Mark Richt ($3.2 million), Arkansas's Bret Bielema ($3.2 million) and Texas A&M's Kevin Sumlin ($3.1 million).
Muschamp originally signed a five-year, $13.75 million deal with Florida in January 2011. The school exercised a one-year option in January 2012 and gave Muschamp a one-year extension last November.