Oklahoma State coach Mike Gundy finally signed his contract extension on Tuesday.
An OSU press release indicates Gundy received a five-year extension that provides automatic annual rollovers.
Gundy’s new salary, retroactive to January 1, is $4.2 million, with a $125,000 escalator clause. His previous salary was $3.9 million.
“Today is a good day for Oklahoma State football,” said OSU athletic director Mike Holder.
Gundy’s contract extension had been unsigned since last year. He wanted more money for his assistants and a bigger recruiting budget.
Gundy, a former record-setting Big Eight Conference quarterback in Stillwater, is OSU’s must successful head coach. His OSU teams are 104-50 overall, including the school’s only Big 12 Conference crown in 2011.
“I’m very pleased with the new contract because it reflects our mutual commitment and long-term vision to take our football to an even higher level in the years to come,” Gundy said.
Columnist John E. Hoover is co-host of “Further Review with Hoover & Rew” and can be heard every weekday on The Franchise in Tulsa from noon to 3 p.m. with co-host Lauren Rew. In Oklahoma City, catch him Tuesday, Wednesday and Thursday mornings at 10:25 and every Friday afternoon at 4:05. Listen at fm107.7 in OKC, fm107.9/am1270 in Tulsa, on The Franchise app, or click the “Listen” tab on The Franchise home page. Visit his personal page at johnehoover.com.