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SportsCOLLEGECOLLEGE FOOTBALL

Mike Gundy contract at Oklahoma State

Mike Gundy

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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