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Gundy given new deal
A seven-year contract for $15.7 million was approved for the coach on Friday.
OSU coach Mike Gundy, speaking with an official during his team's win over Texas A&M, will be the highest-paid coach in school history. MIKE SIMONS/Tulsa World
By BILL HAISTEN World Sports Writer
Published:
12/6/2008 2:26 AM
Last Modified: 12/6/2008 2:48 AM
During its Friday meeting in Miami, Okla., the OSU/A&M Board of Regents approved a new contract for Oklahoma State football coach Mike Gundy — a seven-year, $15.7 million deal.
The contract takes effect on Jan. 1. First reported Friday morning on
tulsaworld.com
, Gundy's average pay will be more than $2.2 million a year. This year, he was paid $1,053,000.
The specific amount of Gundy's 2009 compensation will not be known until January, when details of the contract are made public. The new contract extends through the 2015 season.
It is a certainty that Gundy, who led the 2008 Cowboys to a 9-3 regular-season record, is now the highest-paid coach in Oklahoma State history. First-year Cowboy basketball head man Travis Ford, paid $1.3 million a year, had been the highest-paid coach in school history.
In a university press release, Gundy said, "I have always appreciated the opportunity to coach at my alma mater. This is the best job in the country. We have great fans, we are building tremendous facilities, we have great support from the administration and I have a terrific staff."
The Tulsa World requested an interview with Gundy, but a university spokesman said the coach was not available.
"Coach Gundy has done an excellent job," OSU athletic director Mike Holder said. "He led our program to nine regular-season wins this year and a high national ranking, while playing in the toughest division in college football, the Big 12 South.
"Our student-athletes are excelling in the classroom and on the field. He has earned this increase."
When promoted to the head-coaching position in January 2005, Gundy was paid $700,000.
Gundy's teams have shown steady improvement.
His 2005 squad was 4-7 overall, 1-7 in the Big 12. In 2006, the Cowboys were 7-6, 3-5 (with an Independence Bowl victory over Alabama). In 2007, the Cowboys were 7-6, 4-4 (with an Insight Bowl victory over Indiana).
This season, the Cowboys are 9-3 overall, 5-3 in the Big 12.
OSU lost only to teams that were ranked No. 1 nationally (Texas), No. 2 (Texas Tech) and No. 3 (Oklahoma). OSU currently is No. 14 in the Associated Press Top 25.
The Cowboys have been nationally ranked for 10 consecutive weeks and achieved their first Top 10 ranking since 1988.
In October, they ascended to the No. 7 position. Gundy's overall record is 27-22.
OSU is No. 7 nationally in total offense (489.3-yard average) and No. 8 in rushing (256.0 yards per game) and No. 8 in scoring (41.6 points per game).
"The OSU Board and administration are extremely pleased with the job coach Gundy has done in moving our football program forward," OSU President Burns Hargis said.
The Cowboys are expected to face Oregon in the Dec. 30 Holiday Bowl in San Diego, but bowl pairings will not be finalized until Sunday.
OSU will make its sixth bowl appearance in seven seasons.
Mike Gundy’s compensation
2005
OSU record:
4-7 overall, 1-7 Big 12.
Gundy’s pay:
$700,000.
2006
OSU record:
7-6 overall, 3-5 Big 12.
Gundy’s pay:
$700,000.
2007
OSU record:
7-6 overall, 4-4 Big 12.
Gundy’s pay:
$953,000.
2008
OSU record:
9-3 overall, 5-3 Big 12.
Gundy’s pay:
$1,053,000.
2009
New contract takes effect:
$15.7 million, seven years, $2,242,857 annual average.
BIG 12 SALARIES
On Friday, Oklahoma State coach Mike Gundy was given a new seven-year contract worth $15.7 million. How his $2.2 million annual average compares to the 2008 salaries of other Big 12 football coaches:
Mack Brown, Texas:
$2.9 million
Bob Stoops, Oklahoma:
$2.8 million
Mark Mangino, Kansas:
$2 million
Gary Pinkel, Missouri:
$1.85 million
Mike Sherman, Texas A&M:
$1.8 million
Art Briles, Baylor:
$1.8 million. (As a private university, Baylor is not obligated to release its employees’ compensation figures. Various media outlets have reported Briles’ pay to be $1.8 million)
Mike Leach, Texas Tech:
$1.75 million
Bo Pelini, Nebraska:
$1.1 million
Gene Chizik, Iowa State:
$1.05 million
Dan Hawkins, Colorado:
$904,800
Ron Prince, Kansas State:
$758,000
Bill Haisten 581-8397
bill.haisten@tulsaworld.com
By BILL HAISTEN World Sports Writer
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COMMENTS
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7
comments have been made for this team so far. Tell us what you think below!
Reporting Comments
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, please help us by clicking the "Report this Comment" link next to a comment. That will alert the web staff to review the comment. Thank you. --
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Dr. Strangelove
, Tulsa (12/6/2008 7:47:30 AM)
Gundy's an idiot. I'm speechless.
I wish the Pokes the best, looks like the Alamo Bowl.
Report Comment
Bullnose
, Jay (12/6/2008 8:41:14 AM)
2.2 million a year and he's an idiot? I wish I were that stupid.
Report Comment
Dr. Strangelove
, Tulsa (12/6/2008 9:34:39 AM)
True- what am I saying? Holder's the idiot.
Report Comment
Dad
, Up North (12/6/2008 11:04:25 AM)
Holy cow...........how much would he get if he could beat OU or texas?........or Tech........or....
Report Comment
Kryptonite
, Lowcash Oklahoma (12/6/2008 12:14:53 PM)
Stoolwater State comes in 4th out of the 6 team big south! How much would 3rd place be worth? 5 million per year? LMAO
Report Comment
Kryptonite
, Lowcash Oklahoma (12/6/2008 12:17:37 PM)
"Gundy's overall record is 27-22" PRICELESS
Report Comment
ForWhatIt'sWorth
, (12/8/2008 8:22:00 AM)
could you people be any more classless? grow up. typical sooner fans.
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