Hamilton had said earlier that his criteria to grant a raise was if a coach exceeded expectations, and the Vols are expected to win eight or nine games each year.
Fulmer, who makes $2.05 million per year, also got a two-year extension. His new contract will run through 2013.
While Fulmer isn't getting a raise, a number of assistants will.
Hamilton said the salary pool for Tennessee's nine assistants will increase from $1.52 million to about $1.72 million.
``We'd fallen to fifth or sixth in the league,'' Hamilton said. ``I wanted to get it back in the top three. I think we've done that, but I don't know where every other school in the league fell.''
Hamilton also said assistants other than coordinators David Cutcliffe and John Chavis will get multiyear contracts. In past years, only the coordinators had multiyear deals. Hamilton would not identify the other assistants getting multiyear contracts.
``It's done,'' Hamilton said. ``All of the agreements are in place. We've got to get the contract language finalized, then we'll announce it.''
``Northern Illinois had a chance to play home-and-home with Wisconsin and to do that, they have to go to Wisconsin this fall,'' Hamilton said.
Northern Illinois, whose athletic director is former UT assistant athletic director Jim Phillips, will move to Oct. 4 in 2008 and replace San Jose State.
Hamilton said San Jose State coach Dick Tomey didn't want to travel cross country. UT said it would agree to let San Jose State out of the contract only if a comparable opponent wanting comparable money could be found. Northern Illinois fit the bill.
UT was scheduled to pay Northern Illinois $750,000 to play in 2007. It will pay $725,000 for 2008. UT was scheduled to pay San Jose State $600,000. It will pay Arkansas State $625,000.
Also in 2008, Alabama-Birmingham will replace N.C. State as a season-opening opponent Aug. 30. The Wolfpack was offered a chance to open on ESPN against South Carolina each of the next two years, Hamilton said.
N.C. State is now scheduled to play UT in Knoxville in 2013. The Vols will travel to N.C. State in 2012.
And, Hamilton said he expects UT's opener at California on Sept. 1 to be televised at 8 p.m. on ABC or ESPN.