Coaching Background:
Mike Gundy was named Head Coach of the Oklahoma State University Football Team in 2005. After a career on the field for Oklahoma State, Gundy joined the Oklahoma State football staff upon his graduation as Receivers, Quarterback and Offensive Coordinator for five seasons. He spent one season at Baylor as Quarterbacks Coach and Passing Game Coordinator. After this he returned to Oklahoma State in 2001 as Assistant Head Coach and Offensive Coordinator.
Related Content:
Coach: Mike Gundy
School: Oklahoma State University
Conference: Big 12
Coach Mike Gundy (Oklahoma State) - Contract Details
Average Annual Salary:
$4,435,625
Length of Contract:
4 Years
Highest Possible Performance Bonus:
$900,000
Other Bonus:
Annual $1 million retention bonus; $4.275 million/year for media appearances with annual increase of $125,000; Retirement plan/stay bonus--$600,000 contributed/year;
Academic Responsibility:
No
Highest Possible Academic Bonus:
None
Behavior Responsibility:
Yes
Buyout Clause:
$4,000,000 if contract terminated without university permission. Reduced by $1,000,000 if the contract is not automatically extended
Golden Parachute:
50% of total compensation in year one; 62.5% of total compensation in year two; 75% of total compensation for remainder of term
Perks:
1 car; country club membership; party suite on club level for home football games; 4 men's basketball tickets per home game
Unique Clause:
Payment of $500,000 for remaining contractual term if terminated even with cause
Contract Rank
10
Coaching Contract
View Mike Gundy (Oklahoma State)Contract PDF