Gundy gets a new contract making $4.2m plus incentives

Oklahoma State football coach Mike Gundy, the most successful head football coach in OSU history, has signed a new long-term rollover contract with the university subject to the approval of the OSU/A&M Board of Regents.

The five-year deal replaces Gundy’s previous contract, which would have expired on Dec. 31, 2019. His new salary, which is retroactive to Jan. 1, 2017, will be $4.2 million annually with a $125,000 annual escalator. His previous salary was approximately $3.9 million per year. Gundy’s contract is paid entirely through athletic funds.

“Today is a good day for Oklahoma State football,” said OSU athletic director Mike Holder. “The new contract recognizes Coach Gundy’s success at building and sustaining a premier college football program and reflects our appreciation and our long-term commitment to Coach Gundy. Not only is he one of the best coaches in the country, he also does things the right way. “His players love playing for him because he is the consummate players’ coach. While I believe his achievements are often overlooked nationally, he’s certainly appreciated by those of us at Oklahoma State.”

Gundy, with a career record of 104-50, is 63-39 in Big 12 play including a Big 12 championship in 2011 and a Big 12 South co-championship in 2010. Gundy’s 63 Big 12 wins rank fourth all-time.

He has led Oklahoma State to a school-record 11 straight bowl games, including appearances in the Fiesta Bowl, Sugar Bowl and two Cotton Bowls. Since 2010, Oklahoma State has posted a record of 68-23 (.747 winning percentage).

Gundy has been the head coach at Oklahoma State for 12 seasons, which is fifth nationally among active coaches at their current schools. His 104 wins rank fifth nationally among active coaches at their current schools, trailing only Bill Snyder of Kansas State, Gary Patterson of TCU, Kirk Ferentz of Iowa and Nick Saban of Alabama.

“I’m very pleased with the new contract because it reflects our mutual commitment and long-term vision to take our football program to an even higher level in the years to come,” said Gundy.