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John E. Hoover: Mike Gundy finally signs his contract extension with Oklahoma State

John E. Hoover: Mike Gundy finally signs his contract extension with Oklahoma State

Oklahoma State head coach Mike Gundy, here pictured at a spring scrimmage, is feeling pretty good today after signing a contract extension on Tuesday, a five-year deal with an automatic rollover that starts him at $4.2 million a year. (AP Photo/Sue Ogrocki)

 

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.

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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.

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Hoover wrote for the Tulsa World for 24 years before joining The Franchise, where he's now co-host of "Further Review" on The Franchise Tulsa (weekdays 12-3, fm107.9/am1270) . In his time at the World, Hoover won numerous writing and reporting awards, including in 2011 National Beat Writer of the Year from the Associated Press Sports Editors for his work covering the Oklahoma Sooners. Hoover also covered Oklahoma State, Arkansas, Oral Roberts and the NFL as a beat writer. From 2012 to 2016, Hoover was the World's lead sports columnist. As a columnist, Hoover won national awards in 2012 and 2014 from the National Athletic Trainers Association for reporting on sports medicine and in 2015 won first place in sports columns from the Oklahoma Society of Professional Journalists. After receiving a journalism degree from East Central University, Hoover worked at newspapers in Ada, Okmulgee, Tahlequah and Waynesville, Mo. He played football at Ada High School and grew up in North Pole, Alaska. Hoover and his family live in Broken Arrow.

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