, Muskogee, OK


June 26, 2014

OU gives Stoops new contract

The University of Oklahoma Board of Regents’ meeting in Ardmore proved to be a good one for local accountants. Most of the Sooners’ coaches received raises.

The largest went to football coach Bob Stoops, who was given a seven-year contract extension worth $39.9 million.

The deal will pay Stoops, who will begin his 16th season as OU’s head coach in August, $5.25 million for the 2014 season. It ends in the 2020 season. Stoops is scheduled to make $6.15 million in the final year.

With the agreement, Stoops becomes the second highest paid coach in college football. Only Alabama’s Nick Saban is set to make more. He signed an eight-year deal that will pay him $55.2 million over the course of the contract.

Stoops joins Saban, Texas A&M coach Kevin Sumlin and Texas coach Charlie Strong as the only college football coaches scheduled to make at least $5 million this season.

“Through the good fortunate of what our football program has done, the excitement and the way people have supported not just football but our other sports, we’ve become closer to the kind of statement I said back then, that we wanted to be a program by which all of us are compared,” Castiglione said on Wednesday.

Stoops wasn’t the only coach to get a raise and extension on Wednesday. Most of OU’s did.

Stoops’ staff did. His brother, defensive coordinator Mike Stoops, picked up a $200,000 a year raise that has him slated to make $850,000 a year over the next three seasons.

Offensive coordinator Josh Heupel was bumped up to $605,000 a season for the next two years. Heupel and Mike Stoops are the only assistant coaches with multi-year contracts.

Co-offensive coordinator Jay Norvell’s salary was bumped up to $455,000. The rest of the football assistants will make between $380,000 (defensive line coach Jerry Montgomery) and $325,000 (linebackers coach Tim Kish and special teams coordinator/tight ends coach Jay Boulware). Director of Sports Enhancement Jerry Schmidt’s salary was raised to $300,000.

The football staff wasn’t the only sport that was taken care off on Wednesday.

The man doling out the checks, OU athletic director Joe Castiglione, received a $100,000 a year raise and his contract extended through 2020. He is slated to make $1.03 million for the 2014-2015 academic year.

Men’s basketball coach Lon Kruger received a six-year extension through 2019-2020 season. The deal is for $17 million and will pay an average of 2.83 million per year.

His assistants — Steven Henson, Lew Hill and Chris Crutchfield — will all make $225,250 next season.

Women’s basketball coach Sherri Coale received a seven-year, $8.96 million extension. She will make an average of $1.28 per year over the life of the contract. Her assistants — Pam DeCosta, Jan Ross and Chad Thrailkill — also received five percent raises. Ross will make $205,000 next season. Thraikill will make $150,000 and DeCosta will get $139,000.

The football, men’s basketball and women’s basketball assistant coaches were the only ones to receive raises on Wednesday.

However, the head coaches in wrestling, rowing, men’s golf, women’s golf, men’s gymnastics, women’s gymnastics, men’s tennis, women’s tennis, soccer and track and field all received increases.

Also on Wednesday, the school’s board of regents also approved a $370 million upgrade Gaylord Family-Oklahoma Memorial Stadium at their meeting in Ardmore.

The project includes filling in the corners of the south end zone. There will also be a new weight room, equipment room, new team areas, coaches' offices and the relocation of athletic offices that are currently housed in the north end zone.

Other projects will include demolishing the press box and constructing a new one, expanded fan concourses and new fan plazas plus additional restrooms, concession stands, guest services and team stores.

Castiglione said the facelift will not greatly increase the venue’s capacity. It currently holds 82,112, but has seated crowds of over 86,000 in the past. The price for the average bench seat in the stadium is expected to rise as well. Boren said the percentage the average seat goes up will be minimal.

The renovations to the south end zone and west side will add lots of club seats and luxury seats. Of course, the upgraded seats will come at a much heftier price to fans.

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