MIAMI, Okla. (AP) -Mike Gundy was rewarded by the regents who oversee Oklahoma State on Friday with a new seven-year contract that will pay him $15.7 million.
M College, agreed to a contract with Gundy that will take effect Jan. 1 and run through December 2015. Gundy's annual salary will go from about $1 million to an average of more than $2.2 million.
Gundy is 27-22 in four seasons at his alma mater. His first contract at Oklahoma State paid him $700,000 in 2005, and his current six-year contract would have taken him through 2013.
Details of the new deal weren't immediately disclosed by Oklahoma State.
The No. 14 Cowboys (9-3, 5-3 Big 12) would finish with 10 wins in a season for only the fourth time in school history with a bowl win. All their losses this season came against teams that were ranked in the top three at the time of the game.
Hargis said in a statement. ``With the caliber of student-athletes he and his staff are recruiting, and with our new facilities, the future is very bright.''
Athletic director Mike Holder said Gundy ``has earned this increase'' based on the Cowboys' success on and off the field.
``I have always appreciated the opportunity to coach at my alma mater,'' Gundy said. ``This is the best job in the country. We have great fans, we are building tremendous facilities, we have great support from the administration and I have a terrific staff.''

Recent NCAAF Discussions

2016 QB Rankings on Wed, Jun 2016 by Blade
2016 Coaching Changes on Wed, Jun 2016 by Blade
2016 College Conference Previews on Mon, Jun 2016 by Blade
Hot Seat Coaches on Sat, Jun 2016 by Blade

NCAAF Headlines

More inNCAAF News  

NCAAF Top Stories

Thumbnail Saban not focused on satellite camps After spending part of last week lashing out about satellite camps, Alabama coach Nick Saban now says...
Thumbnail Briles out, Grobe in at Baylor The Baylor football team has a new coach as Art Briles has been fired and Jim Grobe will be...
Thumbnail Cal lands Davis Webb The Cal Bears may have lost the No. 1 pick in the NFL Draft at quarterback, but the Golden Bears seem to have found a good replacement...
Thumbnail FSU dismisses running back The Florida State Seminoles have parted ways with running back Mario Pender after a recent arrest.
Thumbnail Hokies suspend two defenders The Justin Fuente era of Virginia Tech football isn’t off to a great start, as two defensive players have been indefinitely...
More inNCAAF Articles  

NCAAF Team Pages