Mike Gundy’s contract up for approval by Oklahoma State’s Board of Regents

STILLWATER — Oklahoma State football coach Mike Gundy’s new contract is back where it started — with the Oklahoma A&M College’s Board of Regents.

The contract is set to go to the board on Friday for final approval at their regular meeting in the OSU student union.

The Cowboy football coach agreed to an amended contract last month, which included a salary drop of $1 million per year, a reduction in the contract’s total buyout and the removal of the annual rollover extension that kept the contract at a perpetual five-year deal.

Gundy’s salary is reportedly set to be $6.75 million per year on what is now a four-year contract that runs through the 2028 season. The final contract will not be available to the public until after it receives board approval and has been processed by the open records department.

More: How Oklahoma State football coach Mike Gundy’s contract has changed through the years

Oklahoma State head football coach Mike Gundy speaks during a press conference at Boone Pickens Stadium in Stillwater Okla., on Thursday, Jan. 23, 2025.

The process of altering Gundy’s contract began with a public squabble initiated by the board, which called a special meeting on Dec. 6 to discuss Gundy’s employment status after a 3-9 season, the worst in his 20-year tenure.

While there was limited momentum in pursuit of dismissing Gundy last month, the result of the board meeting — which included input from OSU president Kayse Shrum and athletic director Chad Weiberg — was a long renegotiation session between Gundy, Weiberg and Shrum that led to the new contract agreement on Dec. 7.

“There’s been 19 years of evidence of why there should be trust in him moving forward,” Weiberg said of Gundy. “He didn’t forget everything he knows overnight. I think there was just a lot of confidence there. He knows this…

Source link : https://sports.yahoo.com/mike-gundys-contract-approval-oklahoma-154719588.html

Author : The Oklahoman

Publish date : 2025-01-31 15:47:00

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