NORMAN, Okla. — Oklahoma’s football coach Bob Stoops has just gotten a 13 percent pay increase, to $5.15 million for the coming season.
He is now the fourth highest salaried coach in college sports behind Duke basketball coach Mike Krzyzewski, Alabama football coach Nick Saban and Kentucky basketball coach John Calipari.
The football staff alone will make $4.01 million next season. Defensive coordinator Mike Stoops received a $200,000-a-year raise.
A big part of the justification for the increases is that the athletic facilities surrounding OU’s campus have either been built from scratch or seen complete overhauls over the last 15 years, much of it paid for by the wins, enthusiasm and revenue generated by OU’s football success over the last decade and a half.
In terms of percentage, the raise and extension Stoops received on Wednesday were not massive. The bump up to $5.15 million for next season is a 13 percent increase.
New contracts like the one approved by the school’s board of regents have been common. Just about every two years, Stoops, who will begin his 16th season on OU’s sideline in August, and OU have ripped up the previously agreed to seven-year deal and started anew.
What was different about the most recent is the line it crossed. The latest seven-year deal is for $39.9 million over seven years. Stoops is now the second-highest paid coach in college football, trailing only Alabama’s Nick Saban.
However, just last year there was a strong feeling Stoops had reached the zenith of what OU was willing to pay.
Since OU won its seventh national championship in Stoops’ second season in 2000, athletic director Joe Castiglione and president David Boren have been committed to keeping Stoops among college football’s highest compensated coaches.
But $5 million a year seemed to be a barrier OU did not want to break.