Update:The hire is complete.
Tom Herman is out as Texas's head coach, and Steve Sarkisian is reportedly in.
Moments after Texas announced Herman's firing, Chip Brown of 247Sportsreported Sarkisian will be his replacement. ESPN's Chris Low has also reported the news.
Sarkisian is in the midst of a run to the national title game as Alabama's offensive coordinator. He helped the Crimson Tide to a 31-14 win over Notre Dame in the Rose Bowl on Friday night; the Tide will meet Ohio State for the title game on Jan. 11.
Sarkisian's offense has developed Mac Jones into a possible first round pick, Najee Harris into arguably the top running back in college football, and DeVonta Smith into the likely Heisman Trophy winner. Sarkisian won the Broyles Award as college football's top assistant coach last week.
If the hire is completed, Sarkisian will be the first sitting assistant hired to become Texas's head coach since Ed Price in 1951.
Sarkisian has previous head coaching experience prior to Alabama, going 34-29 at Washington and 12-6 in a season and a half at USC.
He inherited a Washington program at rock bottom and quickly brought the Huskies to respectability, rising from 0-12 in 2008 (the year prior to his arrival) to 7-6 by 2010. But Washington never got much better than that, going 7-6 three years in a row before peaking with an 8-4 season in 2013.
That led him to USC, where he went 8-4 with a No. 20 AP finish in 2014 and an abrupt dismissal midway through the 2015 season.
He spent 2016 rehabilitating his image at Alabama, then quickly parlayed that into the Atlanta Falcons offensive coordinator job for two seasons, in 2017-18. He returned to Tuscaloosa last fall, where he now has helped the Tide to the cusp of another title.
The bet Texas is making here is Sarkisian's time at Nick Saban's feet will help him push Texas over the OU-shaped hump in the Big 12, something Herman never did in his four seasons on the job.
This is a developing story. As always, stay tuned to The Scoop for the latest.