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OSU working on new contract for Mike Gundy

Posted on: December 12, 2011 11:32 am
Edited on: December 12, 2011 11:34 am
 
Posted by Tom Fornelli

We've basically known it was coming since T. Boone Pickens first tweeted that he thought Mike Gundy deserved a raise following Oklahoma State's win over Oklahoma to finish the regular season, but the Tulsa World is reporting that the school has begun talks with Gundy's agent to discuss a new deal for the head coach.

"As we said we would do a few weeks ago, now that the season is over we are reviewing coach Gundy's contract,"  said Gary Shutt, OSU's director of communications, in the Tulsa World. "We also have begun discussions with his representative.

"A new contract - reflecting the success we have enjoyed the past three years and expect to continue for years to come - is being discussed. We are striving to have a new, long-term contract for coach Gundy in place soon."

Gundy's current deal paid him $2.1 million for 2011, and still has four years remaining on it. Coming into the season Gundy's salary was the fourth-largest in the Big 12 behind Mack Brown, Bob Stoops and Gary Pinkel. Since then Charlie Weis has gotten more money from Kansas, and Art Briles' new extension will likely exceed $2.1 million annually as well.

With Pinkel leaving for the SEC with Missouri, it's safe to say that Gundy's new deal will make him the third-highest paid coach in the Big 12 along with Stoops and Brown. Which is fitting seeing as how they're the only three head coaches who have won the conference over the last decade.
Comments

Since: Nov 27, 2006
Posted on: December 13, 2011 10:56 am
 

OSU working on new contract for Mike Gundy

Actually at OState they spell boon like Boone



Since: Nov 27, 2006
Posted on: December 13, 2011 10:55 am
 

OSU working on new contract for Mike Gundy

yes boon,,, lol sorry



Since: Mar 19, 2008
Posted on: December 13, 2011 10:10 am
 

OSU working on new contract for Mike Gundy

I think you mean financial "boon" for the school, but we get the point. Gundy's success has brougth a ton of respect and money and he deserves his share of it.



Since: Nov 27, 2006
Posted on: December 13, 2011 9:52 am
 

OSU working on new contract for Mike Gundy

He deserves every penny that he gets, and he probably should have been a high contender for coach of the year (except for Miles and Snider).  He excersised 100 years of football demons from OState over the last 4 years while continually losing coaches and playing tough schedules.  The #1 draw of income for the school is football income and football boosters, and the success they now have makes it a huge financial swoon for the university, if T Boone and OState paid him 5 million a year they would still be making money on that investment,,, hving said that he will probably get $3.8 mil.  Great job coach!



Since: Jul 9, 2010
Posted on: December 12, 2011 8:22 pm
 

OSU working on new contract for Mike Gundy

If any BCS Coach has earned a raise it has been Mike Gundy.  He's as good or better than any coach in the BIG XII bare none. It doesn't matter what one thinks he worth, it's what the market price is for the likes of Mike Gundy, and his consistent experience at
OK St. I would say Boone Pickets was right on when he said Gundy deserved a raise, and I would say a "Big" raise.  There is no comparsion with Mike Gundy accomplishments to Charlie Weis.



Since: Feb 28, 2010
Posted on: December 12, 2011 7:16 pm
 

OSU working on new contract for Mike Gundy

What do you want me to do, connect the dots for you?  I spelled it out the best I could.  Not making any judgement calls pretty well means I'm not discussing any pros or cons.  You do know what pros and cons are, I hope.  All I did was put the number in a format that more people could relate to.  How much is 2.1 million?  Well, it's $8,076 a day.  I would come closer to identify with "Gundy's salary is $8, 076 a day." than I would "Gundy's salary is 2.1 million."

It had nothing to do with how much he's worth.  It had nothing to do with who would pay more or less.  It sounds like you must be a Sooner fan the way you can read a simple statement and interpret all the thoughts I never had.

In fact it leads me to ask, "What's your point, Bob the fan?"



Since: Sep 2, 2011
Posted on: December 12, 2011 5:26 pm
 

OSU working on new contract for Mike Gundy

Considering the Head Coaches that have fone on to bigger and more lucrative coaching jobs, (Jimmy Johnson, Les Miles, Pat Jones, etc.) it's obvious that OSU needs to keep a good one for once. Gundy would be able to name his own price anywhere he wants right now. He's done a fine job so far, maybe someday OSU will get a fair vote in the polls. 



Since: Jan 17, 2007
Posted on: December 12, 2011 5:18 pm
 

OSU working on new contract for Mike Gundy

Williebee, what is your point exactly?  Do you resent Gundy (or anyone else) maximizing their income if they can?  If you are already making enough to live on, would YOU turn down a raise if it were offered?  Right, didn't think so!  What about movie stars that get millions for doing one picture, or ballplayers that make $25 mil a year?  You okay with that? 

If ND, or Auburn, or Michigan, or Ohio State came calling, offering 5 million, how can you tell any coach, even Gundy (who bleeds bright orange) to not even listen?  In todays CFB world, you need to be competitive in everything...facilities, coaching, recruiting, etc.  That means paying (or I guess YOU would call it overpaying) successful head coaches very well.  And if you hadn't noticed, CFB coaches live on very short leash.  One bad year at the wrong time and they can be out...see Mike Sherman, whose first three years at aTm were almost identical to Gundy's first three at OSU. 

The difference was that in Gundy's 4th year he went 9-3 while Sherman went 6-6 with a strong retuning group of players.  Still, Gundy's 27-22 record over his first 4 years wasn't all that much better that Sherman's 25-25.  But this year's 6-6 (with 5 of the 6 losses coming by 7 or less, and a couple in overtime) got Sherman fired.  He was only a few plays away from 11-1, and he's out.  I can't begrudge any coach for getting what he can while he can, because tomorrow he could be unemployed.



Since: Feb 28, 2010
Posted on: December 12, 2011 12:29 pm
 

OSU working on new contract for Mike Gundy

I'm not making any judgement calls here, for or against Mike Gundy and his salary.  I'm just putting it into a perspective most of us can relate to.  Not many of us can really understand millions of dollars because we've never dealt with those kind of numbers.  Two point one million dollars a year ("Gundy's current deal paid him $2.1 million for 2011, and still has four years remaining on it.") equates to$40,384 a week if you figure 52 weeks to a year.  I don't know how much work a head coach does during the weeks outside of the football season, (I know there's conditioning, training, recruiting, etc.), but I know a lot of folks whose annual income is less than Mike Gundy's weekly salary.


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