The State in South Carolina reports that Gamecocks coach Steve Spurrier is in line for a contract extension that will bump his annual compensation to $4 million from $3.3 million.

Once the contract is approved Spurrier, who just completed his ninth season at USC, will be the third-highest paid coach in the SEC according to figures compiled by Saturday Down South. The highest-salaried coach in the league is Alabama's Nick Saban, who reportedly is set to get a new deal worth $7 million per season, with Kevin Sumlin at Texas A&M second with a $5 million salary.

Spurrier has guided the Gamecocks to three consecutive seasons with at least 11 victories after the program had just one season of 10 victories in its history. Spurrier also owns five consecutive victories against in-state rival Clemson.

Georgia coach Mark Richt ranks sixth in SEC coaching salary at $3.2 million per year. Richt received a one-year extension after the 2012 season that bumped his salary up from $2.8 million.