(CNN) College football coach Dabo Swinney has agreed to a new 10-year, $93-million contract to stay on at Clemson University.

The 49-year-old has enjoyed a meteoric rise through the ranks and has guided Clemson to two national titles in the past three years.

The university said the deal is the largest total contract in college football history, although Swinney is thought to be making a similar average salary to Alabama coach Nick Saban.

"I am grateful and humbled by the incredible commitment Clemson has made to me, my family and our football program," Swinney said in a statement.

"With this contract, we make a collective statement that we intend to continue pursuing championships and developing total student-athletes for years to come."

Read More