Sooners show faith in Lincoln Riley with new contract
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.