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Thursday, February 21, 2008

OU Coaches See Pay Raises in '08

Oklahoma Sooner Football Articles and Notes

Report: Oklahoma coordinators' pay increases by 18 percent: Defensive coordinator Brent Venables and offensive coordinator Kevin Wilson both received 18 percent raises for 2008, according to their salary figures obtained by The Oklahoman through the Oklahoma Open Records Act. Venables -- who has coached at OU since 1999 -- will make $315,000 in 2008, up from the $265,000 he made in 2007. Wilson -- OU's offensive coordinator for the last two seasons -- will earn $260,000 in 2008, an increase from the $220,000 he made in 2007. Outside of Venables and Wilson, defensive backs coach and co-defensive coordinator Bobby Jack Wright -- who has been at OU since 1999 -- will earn the most at $225,000. After Venables and Wilson, quarterbacks coach Josh Heupel received the staff's biggest percentage raise. Heupel's 13.3 percent bump increases his yearly salary by $16,000 up to $136,000. (The Oklahoman)

Related: Stoops Set to Earn $5.7 Million in '08.. At Least

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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

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Thursday, April 12, 2007

(4/12) OU's Stoops' Salary In Comparison and Oklahoma Articles

Oklahoma Sooner Football Articles And Notes

Stoops' salary 36 times that of a professor at Oklahoma: Salaries of full-time college faculty rose 3.8 percent this year, the biggest increase in five years. Academic salaries vary significantly, depending on rank and institution, but the overall increases narrowly beat inflation and were the highest since 2002, according to an annual survey to be released today by the American Association of University Professors. Salaries of full professors rose 4.2 percent, slightly better than the increases for lower ranks. While salaries for full professors at NCAA Division I-A schools ranged from $63,030 at Marshall University to $136,374 at Duke, the compensation of head football coaches averaged more than $900,000. At the University of Oklahoma, the estimated $3.5 million in compensation for head football coach Bob Stoops -- the highest of any college football coach -- was 36 times that of the average full professor at Oklahoma. (More at
AP/Detroit News) In November 2006, USA Today took a deeper look at college football head coaches compensation.

Late Grambling great was tempted to play OU: The Oklahoman

Peterson starting to cash in with endorsement deals: The Oklahoman

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Thursday, November 16, 2006

Oklahoma's Bob Stoops Highest Paid Coach, Peterson Walker Semifinalist and more.

Oklahoma Sooner Football Articles and Notes

USA Today Report: University of Oklahoma's Bob Stoops highest paid College Coach: The sport's dizzying salaries spiral has come to this, a USA TODAY study finds: The million-dollar coach, once a rarity, is now the norm. Head coaches at the NCAA's top-level schools are making an average of $950,000 this year, not counting benefits, incentives, subsidized housing or any of the perks they routinely receive. At least 42 of the 119 Division I-A coaches are earning $1 million or more this year, up from five in 1999. Jim Tressel, coach of No. 1-ranked Ohio State, and Mack Brown, who steered Texas to the national championship a year ago, are among the nine coaches making more than $2 million. Iowa's Kirk Ferentz will pocket a guaranteed $4.6 million in an atypical 13-month period ending next June, including $1.8 million in one-time payments. With the incentive bonuses he still can earn, he could push his take to more than $4.7 million. That's the most among the 107 coaches for whom USA TODAY could obtain a contract or other official document showing compensation. Oklahoma's Bob Stoops is the only coach in that group who has cleared the $3 million-a-year bar in guaranteed pay, although Ferentz likely will join him in 2007. Coaches' contracts these days offer far more than just the basic salary. In scrutinizing contracts, USA TODAY found all kinds of perks: personal use of private jets, low-interest home loans, land deals, million-dollar annuities, pricey luxury suites at schools' stadiums, use of vacation homes and family travel accounts. (More at USA Today)

Perks Noted from USA Today:
Travel: Oklahoma's Bob Stoops gets up to 35 hours a year of private plane availability. Ohio State's Tressel gets 10 hours of jet time for personal use. Virginia's Al Groh gets "reasonable use of the University's aircraft and vehicles" for his duties.

Anniversary Benefit: Oklahoma contributes an average of $750,000 a year toward an "anniversary benefit" paying Bob Stoops $3 million on Dec. 31, 2008, marking his 10th anniversary at the school. He forfeits the money if he leaves for another coaching job before then, though he'll get a prorated portion if he leaves in 2007 or 2008 in conjunction with David Boren's departure as president. Stoops also gets 35 hours of private air travel a year.

Highest Paid Salaries
1. Kirk Ferentz - 2,840,000
2. Pete Carroll - 2,782,320
3. Frank Beamer - 1,893,000
4. Larry Coker - 1,800,000
13. Bob Stoops 950,000

Other Income
1. Bob Stoops - 2,500,000

2. Tommy Tuberville - 1,996,000
3. Phillip Fulmer - 1,725,000
4. Mack Brown - 1,580,000

Maximum Bonus
1. Dirk Koetter - 1,234,000
2. Kirk Ferentz -1,000,000
3. Al Groh - 940,000
7. Bob Stoops - 745,000
11. Mike Gundy - 684,000

Total
1. Bob Stoops - 3,450,000
2. Kirk Ferentz - 2,840,000
3. Pete Carroll - 2,782,000
4. Mack Brown - 2,664,000

(Source USA Today - Full List)

To Oklahoma, Stoops worth more than his weight in gold: USA Today

Peterson Doak Walker Semifinalist: Adrian Peterson has been gone for three weeks, but the Oklahoma running back is not forgotten. He was one of 10 semi-finalists announced today for the Doak Walker Award, which is presented annually to college football's top running back. The Guaranty Bank SMU Athletic Forum Board of Directors oversees the honor. The 166 members of the Doak Walker Award National Selection Committee will cast their votes over the next week to determine the 2006 finalists. On Tuesday, Nov. 21, three finalists will be named, and a second vote will determine the recipient. The recipient of the 2006 Doak Walker Award will be announced live on ESPN's The Home Depot College Football Awards on Thursday, December 7. The award will be presented at the 2006 Doak Walker Award Presentation Banquet in Dallas on Thursday, Feb. 15, 2007. (SoonerSports PR)

Pendleton named All-District VI Academic: Oklahoma defensive tackle Carl Pendleton has been named All-District VI Academic and is now a candidate for Academic All-America honors. ESPN The Magazine sponsors the academic recognition. Pendleton, Sapulpa, Okla., native is a junior in eligibility but has announced that he will forgo his senior season of football to enter graduate school at OU. He already has received the National Football Foundation's Post-Graduate Scholarship. Pendleton carries a 3.86 grade point average in sociology with a minor in religious studies. He is nominated for numerous other awards including the NCAA's Today's Top VIII, FCA's Bobby Bowden Award, the FWAA's Courage Award, the Wuerffel Trophy and the John Wooden Citizenship Cup, presented by Athletes for a Better World. (SoonerSports PR)

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