|
|
Victory in title game worth big bucks to Stoops
Associated Press
NORMAN, Okla. -- A victory in the FedEx Orange Bowl on Jan. 3 against
Florida State would bring the Oklahoma football team a national
championship -- and head coach Bob Stoops a $250,000 pay day.
Stoops' recently renegotiated contract guarantees the coach $1.4 million a year, but a host of incentives could push that up to $1.957 million per year.
One of those incentives guarantees the coach $100,000 for
appearing in the national title game. He'll get another $150,000 if
Oklahoma wins it.
But Stoops said he is "not very much aware" of the incentives
and that he planned to share some of the rewards from his contract
with assistant coaches.
"I don't pay any attention to them (incentives), to be
honest," he said.
The contract, approved by the OU Board of Regents on Oct. 31, is
the third richest among college coaches, behind Florida's Steve
Spurrier ($2.1 million) and Florida State's Bobby Bowden ($1.5
million), said OU athletic director Joe Castiglione.
Castiglione said he has not evaluated Texas coach Mack Brown's
recent raise to a reported $1.45 million.
Stoops' deal features a $200,000 base salary, $600,000 for
personal services including television, radio and endorsement
appearances, speaking engagements and other consulting agreements.
He gets an additional $600,000 for appearances and speaking
engagements on behalf of OU unrelated to athletics. The coach also
received a $200,000 signing bonus and is compensated for summer
football camps.
The contract also provides two automobiles and insurance,
membership and monthly dues at an area golf course and 20 football
tickets.
Other incentives include an almost certain $50,000 if the
Sooners finish among the top 10 teams in the final BCS rankings.
Stoops also gets a $10,000 bonus if his team has a graduation
rate of 70 percent or better, though that would be based on NCAA
figures and wouldn't kick in for several years.
Castiglione said Stoops' deal is worthy of the value Stoops
brings to the school's football program.
"He's a complete package, and we recognize that," Castiglione
said of Stoops. "That's why we've provided what we believe to be
the complete package."
|
|
|
|
|
