Dec. 3 (UPI) -- Georgia Tech approved a new contract for football coach Brent Key, adding one year and increasing his salary, the Yellow Jackets announced Wednesday.

Key will now be under contract through the 2030 season. Sources told ESPN and Yahoo Sports that he will make an average annual salary of $6.5 million, an increase of $2 million from his current pact.

"I'm grateful to president Angel Cabrera, [athletic director] Ryan Alpert, [Associate Vice President] Brent Jones and the GTAA Board of Trustees for their continued belief and investment in Georgia Tech football," Key said. "There is no other place or opportunity out there like Georgia Tech."

The Yellow Jackets went 27-19 over the last four seasons under Key. Key led the Yellow Jackets to a 9-3 record so far this season. They sit at No. 22 in the College Football Playoff rankings.

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