Oklahoma head coach Bob Stoops was making a gamble when hiring Lincoln Riley to be the offensive coordinator following the 2014 season. But it paid off big time.
And now it’s paying off for Riley. Big time. University of Oklahoma Board of Regents approved a $350,000 raise for Riley per season Tuesday at the monthly meeting.
Riley made $500,000 last year with the Sooners but will now make $850,000 going forward. An annual bonus of $50,000 has also been placed in Riley’s bonus if he stays for 2016 and 2017.
Joining Riley in the $900,000 club is defensive coordinator Mike Stoops, who earned a $50,000 raise following last season’s improvements.
Head coach Bob Stoops will add $25,000 to his salary on Jan. 1 and his contract was extended from 2020 to now 2021.
Every single OU assistant football coach received a raise or extension of at least $25,000.
Offensive line coach Bill Bedenbaugh - $50,000 raise, extended through 2018.
Running backs/special teams coach Jay Boulware - $25,000 raise, extended through 2017.
Inside receivers/tight ends/recruiting coordinator Cale Gundy - $25,000 raise, extended through 2017.
Outside wide receivers coach Dennis Simmons - $37,000 raise, extended through 2017.
Inside linebackers coach Tim Kish - $25,000 raise, extended through 2017.
Defensive backs coach Kerry Cooks - $25,000 raise, extended through 2018.
Football wasn’t the only sport to see increases with men’s basketball coach Lon Kruger earning a $50,000 raise and a contract extension through 2021. After next season, he will make $100,000 more each season. Assistant Chris Crutchfield has earned a $28,750 raise through 2017.
Softball coach Patty Gasso, fresh off leading the Sooners to their third national championship, will receive a $5,000 raise per year with an extension through 2021.
OU regents approved a modification to the new Lloyd Noble Center Strength Training and Performance Center. The center has been reduced by 800 square feet to 17,600 feet although the project is still expected to cost $7 million.
OU athletic director Joe Castiglione addressed the Board to say the overall project is still on budget for the renovations to Gaylord Family-Oklahoma Memorial Stadium. The budget is $122 million.