Stoops Set to Earn $5.7 Million in '08.. At Least
Oklahoma Sooner Football Articles and Notes
Bob Stoops to earn $2.7 million salary; $3 million bonus in 2008; plus performance bonuses: Bob Stoops is about to become a $6 million coach. Stoops, 47, is scheduled to receive a one-time $3 million benefit on Dec. 31 this year for coaching at OU 10 seasons, according to his contract obtained by The Oklahoman through the Oklahoma Open Records Act. That $3 million benefit, combined with more than $2.77 million he'll receive in guaranteed compensation, along with additional income he could gain from various performance bonuses, means that Stoops could earn more than $6 million in 2008. Sooner athletic director Joe Castiglione admits that figure could invite criticism of OU having misplaced priorities. "People may question why we do certain things," Castiglione said. "But we can measure his impact, not just with success on the field, but the way our team generates interest and excitement because of the leadership of the head coach. He positively affects so many elements of the athletic program, campus community and the state -- you could talk about it from the infusion of excitement to the economic impact." "Bob Stoops is worth every penny and always has been and always will be." (More at The Oklahoman)
Let's not forget the other perks: In addition, Stoops is also provided with
*35 hours annually of private airplane use
*2 automobiles with insurance
*20 football tickets
*Membership and monthly dues at a Norman-area golf course
Also: Back in 2007, Bob Stoops earned a humbling $3.5 million salary. Which at the time was 36 times that of a professor's salary at OU.
Past Post:
Oklahoma's Bob Stoops Highest Paid Coach
Bob Stoops to earn $2.7 million salary; $3 million bonus in 2008; plus performance bonuses: Bob Stoops is about to become a $6 million coach. Stoops, 47, is scheduled to receive a one-time $3 million benefit on Dec. 31 this year for coaching at OU 10 seasons, according to his contract obtained by The Oklahoman through the Oklahoma Open Records Act. That $3 million benefit, combined with more than $2.77 million he'll receive in guaranteed compensation, along with additional income he could gain from various performance bonuses, means that Stoops could earn more than $6 million in 2008. Sooner athletic director Joe Castiglione admits that figure could invite criticism of OU having misplaced priorities. "People may question why we do certain things," Castiglione said. "But we can measure his impact, not just with success on the field, but the way our team generates interest and excitement because of the leadership of the head coach. He positively affects so many elements of the athletic program, campus community and the state -- you could talk about it from the infusion of excitement to the economic impact." "Bob Stoops is worth every penny and always has been and always will be." (More at The Oklahoman)
Let's not forget the other perks: In addition, Stoops is also provided with
*35 hours annually of private airplane use
*2 automobiles with insurance
*20 football tickets
*Membership and monthly dues at a Norman-area golf course
Also: Back in 2007, Bob Stoops earned a humbling $3.5 million salary. Which at the time was 36 times that of a professor's salary at OU.
Past Post:
Oklahoma's Bob Stoops Highest Paid Coach
Labels: Bob Stoops, Oklahoma Sooners, Salary, University of Oklahoma
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