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Sooners show faith in Lincoln Riley with new contract

Lincoln Riley speaks after being named head coach of the SoonersThumbnail

The University of Oklahoma's Board of Regents approved contract adjustments, including new head coach Lincoln Riley. The first-year head coach will make $3.1 million this fall, including a $500,000 "stay benefit" each June 1 that he stays in Norman. The contract is extended through January 2022 and will pay Riley an extra $425,000 if the Sooners win the CFP National Championship.

In addition to Riley, nearly every other assistant football coach received a raise and/or contract extension.

Former head coach Bob Stoops has a new title, and a new salary. Stoops is listed as a Special Assistant to the Athletic Director, and will make $325,000. OU has an option that kicks in on June 30, 2018.

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