Riley agrees to 3-year extension through 2019

WHAT WILL IT be like in the year 2019? We don't know either but it can be said that's the year the new contract extension for Mike Riley runs through.. Beaver Director of Athletics Bob De Carolis announced late Sunday evening the three year extension, meaning the 56-year-old Riley will be on the OSU sidelines through the 2019 season.

"Due to the fact there is a lot of speculation on my future, I want to make it known that I'm very excited to be coaching at Oregon State University and I anticipate doing so for a long time," Mike Riley said from the American Football Coaches Association convention in Orlando, Fla.

That speculation has been fueled by Pete Carroll's anticipated move to coach the Seattle Seahawks. The word has been that Riley was the No. 1 candidate on USC's wish list to replace Carroll.

Riley is Oregon State's second all-time winningest football coach with 64 wins and was the 2008 Pac-10 Coach of the Year. He has held the position of head coach from 1997-98 and from 2003 to present. The Beavers have played in six bowl games during his tenure, winning five, and have finished tied for second in the Pac-10 the last two seasons.

Full disclosure of terms of the new contract will be announced in the near future, said Oregon State, but one term is that his contract will roll over an additional year for every time the team participates in a bowl game.

"Coach Riley has done an outstanding job in leading this program to unparalleled success," De Carolis said. "This new extension ensures his leadership will be felt for the long term and adds tremendous stability to our program. We are thankful and fortunate to have him committed to the Beaver family."

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