Oklahoma Board of Regents Approves Bob Stoops' New Contract

Bob Stoops joined college football’s rather exclusive $5 million club Wednesday, under terms his new contract approved by the University of Oklahoma Board of Regents.

Stoops will clear $5 million in annual salary for the first time this year under a revised deal worth $39.9 million over the next seven years. The only other coaches to hit that annual mark are Nick Saban, whose latest contract at Alabama puts him at a reported $6.9 million, Texas A&M’s Kevin Sumlin and Texas’ Charlie Strong, both of whom will reportedly earn $5 million this year.

It’s rare air for Stoops, the Sooners’ 16th-year coach who was scheduled to make $4.95 million this season under terms of his former contract. (Tulsa World)

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