HD reported on Friday Patterson and Garrido met and discussed a two-year contract extension for Garrido, 75, college baseball's all-time winningest coach and winner of five national titles, including two at Texas (2002-05).
Garrido said after Texas came up one game short of the championship series at the College World Series that he wanted an extension allowing him to coach the freshmen on the team through their time at Texas.
That extension of two years - giving him three more seasons - through the 2016-17 school year is exactly what Garrido received.
"We're pleased with the great postseason run the team had this year," Patterson said. "We're excited to have Augie around for another three years to try and win more National Championships."
Garrido currently earns just more than $1 million per year and will receive a "small bump in pay," according to source close the situation.
"We as coaches and our support staff are all excited to have the opportunity to continue to help develop the baseball and life skills of the current players and incoming recruits at The University of Texas," Garrido said.
Garrido has won a record 1,920 career games as a college coach and is 769-368-2 (.675) in 18 seasons at Texas.
Texas' return to the CWS this season came after UT missed the postseason each of the past two years, including last year's last-place finish in the Big 12 (the Longhorns' worst conference finish since the 1955-56 school year.
But Garrido came into this season with a renewed commitment to rid the program of entitlement and vowed to reporters before the season, "I'm not coaching for my job. I'm coaching to win a championship. You better bolt your ass down when you play us."
And Texas nearly made Garrido a prophet. The Longhorns, who finished fifth in the Big 12, took down Texas A&M to win the Houston Regional and then swept Houston in the Super Regional (played in Austin).
But after Texas eliminated Louisville and UC Irvine from the CWS, the Longhorns lost 4-3 in 10 innings to Vanderbilt in an elimination game for a berth in the CWS championship series against Virginia. Vanderbilt went on to win the national title.
Since taking over the Longhorns program prior to the 1997 season, he has led Texas to 14 NCAA Tournaments including nine Regional and eight Super Regional titles.