HuskerfaninOkieland Posted June 24, 2009 Share Posted June 24, 2009 ARDMORE -- Bob Stoops will make nearly $5 million as Oklahoma football coach in 2011, should he remain that long, according to his revised contract approved by the OU Board of Regents Wednesday at their scheduled meeting in Ardmore. The regents also approved raises and extensions for OU basketball coaches Jeff Capel -- his guaranteed salary increases from $1.05 to $1.5 million next season -- and Sherri Coale, as well as baseball coach Sunny Golloway and softball coach Patty Gasso. Members of Capel’s, Coale’s and Stoops’ staffs were given raises as well. Stoops’ reworked deal, which was extended two years through Dec. 31, 2015, allows for a current guaranteed $2.975 million. It also calls for a $700,000 annual stay bonus, first payable Oct. 1. Meaning, when Stoops takes the sideline for the next OU-Texas game, he’ll be making $3.675 million. An additional bonus, termed in the contract an “Additional Stay Benefit,” of $800,000 will be paid following Jan. 1, 2011. Factoring in the $700,000 bonus already in place, as well as the automatic $200,000 private-funds annual bump also built into the contract, Stoops stands to make $4.875 million in 2011. All told, his seven-year pact is worth $30.125 million. Tulsa World Herald Quote Link to comment
Reebsker Posted June 25, 2009 Share Posted June 25, 2009 Absolutely insane what college football coaches make these days. Especially in this economy. Quote Link to comment
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