ARDMORE — The University of Oklahoma Board of Regents’ meeting 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.