NORMAN — Oklahoma announced Thursday Bob Stoops will receive a contract extension throughout the 2020 season.
Financial terms of the deal were not released. The contract is subject to approval by the OU Board of Regents at its September meeting.
“We took this action to express the University’s deep appreciation for Bob Stoops’ work,” OU President David Boren said in a statement. “In my opinion, he ranks among the very best nationally in the way he combines his ability as a coach with high ethical standards. I greatly value and enjoy my association with Bob and feel extremely fortunate that at the University of Oklahoma we have the longest continuous tenure of the current head football coach, athletics director and president.
“The progress made in our football program since Bob took the helm in 1999 is remarkable. He has truly revived one of the great college football traditions, while adding his own enhancements, and elevating the profile and competition in the Big 12 Conference. As president, it is particularly meaningful to me that we have a coach who has accomplished so much and with such high personal integrity. His strong character represents the best of the values of our university. I’m always proud when he represents the University of Oklahoma to the nation.”
Stoops still has five years and $25.4 million remaining on his current contract, which runs through 2018. He’s slated to make $4.55 million this season and $4.95 million next season. His current contract is set to pay $5.15 million per season over the deal’s final three years.
Stoops, who will begin his 15th season at OU next month and is nine wins shy of becoming the winningest coach in the program’s history, said Tuesday at Big 12 Conference Media Days that he still felt appreciated by OU administration and fans, but admitted that he couldn’t keep everyone happy.