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No signed deal, yet
Gundy has no issues with the terms of contract.

OSU head coach Mike Gundy agreed to a contract that will extend through the 2015 season. Stephen Pingry / Tulsa World file
 
By BILL HAISTEN World Sports Writer
Published: 3/29/2009  2:30 AM
Last Modified: 3/29/2009  4:40 AM

 STILLWATER — Nearly four months after Oklahoma State and football coach Mike Gundy agreed on a seven-year deal worth a total of $15.7 million, Gundy still has not signed the contract.

Gundy says there are no problems with the terms of the contract. The specific amount of his 2009 compensation, along with the bonus structure and buyout information, will not be known until the university releases details of the contract. That will not happen until Gundy has signed it.

"I just haven't gotten around to getting it signed, but I will soon," Gundy said. "Once it comes through, I can't imagine there will be any issues. It's just a matter of getting it done. It's a lot of paperwork."

Said athletic director Mike Holder: "It just takes a while to get a contract done. There are no problems."

Over the life of the contract, which extends through the 2015 season, Gundy collects an average of more than $2.2 million per year, making him the highest-paid coach in OSU history. Basketball coach Travis Ford's current pay is $1.3 million.

Last year, Gundy was paid $1,053,000.

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 (including an Insight Bowl triumph over Indiana). In 2008, OSU was 9-4 overall, 5-3 in the Big 12. The Cowboys lost only to teams that were ranked No. 1 nationally (Texas), No. 2 (Texas Tech), No. 3 (Oklahoma) and No. 15 (Oregon in the Holiday Bowl).

OSU was 16th in the final Associated Press poll.

OSU ORANGE / WHITE GAME

6 p.m. April 18

Boone Pickens Stadium, Stillwater



Bill Haisten 581-8397
bill.haisten@tulsaworld.com
By BILL HAISTEN World Sports Writer

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Report Comment
shaw411, Scottsdale, AZ (3/29/2009 1:03:58 PM)
Maybe he is holding out for a better offer.....yea right....as if!
Report Comment
wk, (3/29/2009 2:57:03 PM)
I think Gundy has done a good job. He hasn't done a great job -- nothing that would ever make him worth over $2mm/year. I think he and Holder have lost so much in Boone's hedge fund they're all doubling down on athletic department funds to offset some losses.
Report Comment
Bullhead, Nicut (3/29/2009 7:41:56 PM)
OSU would be so better off without him and his mouth.
Report Comment
MexiMike, tulsa (3/29/2009 8:40:47 PM)
And bullhead shows that his brain is filled with something else that starts with "bull."
Report Comment
Arbythree, Tulsa (3/30/2009 11:27:29 AM)
Can Gundy read? Maybe that is the hold up?
 

 
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