Mike Gundy contract at Oklahoma State
Mike Gundy Photo Credit: AP
College: Oklahoma State
Conference: Big 12
State: Oklahoma
Base compensation
- 2017 guaranteed pay: $4,200,000
- Total contract pay: $22,250,000
- Contract length: 5 years
- Start date: 1/1/2017
- Expires: 12/31/2021
Incentives
- National title bonus: $750,000
- CFP semifinal win: $350,000
- CFP semifinal appearance: $150,000
- Car: one loaner car with university provided gasoline credit card and insurance policy
- Tickets: one party suite on club level including 25 seats and four 100-level tickets to basketball games
- Golf/country club: membership fees and dues paid for at Karsten Creek Golf Club
Other Perks
- Miscellaneous perks: automatic one-year extension every January 1 to keep it as a continual five-year contract
- Buyout if coach leaves for another coaching job: $3,000,000 (amount is reduced by $1,000,000 every year the contract is not automatically renewed)
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