Mike Gundy Restructures Contract With Oklahoma State

Oklahoma State football coach Mike Gundy has reached a compromise to restructure his contract after a standoff with the university over a significant pay cut. Following a disappointing 3-9 season, Gundy's annual salary of approximately $7.75 million and $25 million buyout will be reduced to allocate funds for player NIL deals. Gundy, who has been at the helm for 20 seasons, holds a record of 169-88 but faced scrutiny after a season marked by a nine-game losing streak. This is not the first time Gundy has navigated contract disputes with the university; he previously accepted a $1 million pay cut in 2020 amid controversies surrounding his comments and actions. The agreement marks a pivotal moment in Gundy's long tenure at Oklahoma State, as he aims to revitalize the program.