Texas A&M will offer coach Mark Turgeon a new contract that includes a raise of more than $250,000, the school is expected to announce this week, a source familiar with the situation tells ESPN.com's Andy Katz.
The A&M board of trustees approved the new contract and raise for Turgeon in meetings Thursday and Friday, but must formally approve the proposal at its April meeting for the deal to become official, according to the source.
The move comes shortly after Oregon approached Turgeon as a potential replacement for Ernie Kent.
Turgeon, who currently earns about $1.2 million per season, will earn more than $1.5 million once the new deal is approved, according to the source.
The Aggies (24-10) reached the second round of the NCAA tournament, where they lost to Purdue in overtime.