OKLAHOMA CITY (AP) -Oklahoma State will pay Sean Sutton $2.7 million over 10 years as part of a settlement reached between the university and the former basketball coach who resigned under pressure last week.
The details of the agreement were released Monday by the university. Oklahoma State will pay Sutton $300,000 immediately and the remaining $2.4 million during the next 10 years. Sutton will receive the money even if he accepts another coaching position.
University spokesman Gary Shutt says all of the settlement money will come from athletic department funds and not from state appropriations.
M Board of Regents who will next meet on April 18 in Langston.
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