Stoops Gets Contract Extension

Two days "after winning one of the college football season’s early marquee games, Bob Stoops was rewarded Monday with a new contract extension that could keep him as the coach of top-ranked Oklahoma through 2018 and pay him $34.5 million over the next seven years," the Associated Press reports.

"Oklahoma’s board of regents voted to give Stoops a $75,000 bump in his annual salary and a handful of bonuses that will reward him for staying in Norman each June — after the coaching carousel has usually run its course."

The deal "calls for Stoops’ paydays to grow over the years, topping out at $5.15 million in salary and bonuses over the final three years."

Regents also "gave athletic director Joe Castiglione a three-year contract extension through June 2017, including an annual raise of $165,000 and an annual bonus of $110,000 each Oct. 1 starting in 2013."