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OSU football coach Mike Gundy to receive a pay raise

STILLWATER, Okla. – After the Cowboys’ regular season came to an end, there was some speculation about whether head coach Mike Gundy would stay with the program.

Earlier this week, Gundy was offered the head coaching job at the University of Florida. Gundy subsequently turned down the job, and it eventually went to Mississippi State’s Dan Mullen.

A short time later, there were reports that Gundy would meet with representatives from the University of Tennessee.

ESPN reports that Gundy met with Tennessee athletic director John Currie for several hours on Tuesday to discuss the Volunteers’ head coaching job.

Sources speculated that if Gundy accepted the Tennessee job, he would likely become one of the highest paid coaches in college football. Some reports suggested that his annual $4 million salary would double.

However, it seems that Gundy is staying put.

On Tuesday evening, Gundy sent out a tweet that says it all.

The Tulsa World reports that the Oklahoma State/ A&M Board of Regents increased his salary to $5 million in 2018.

Gundy was set to make $4.3 million in 2018 under his current five-year contract, which was signed in June. However, the addendum that was approved on Friday included an increase of $675,000 to bring him to $5 million a year.

Only 10 coaches this season made $5 million or more.

The addendum also increased the buyout that Gundy would owe OSU if he left before the end of his contract.

Gundy is the longest tenured and winningest coach in Oklahoma State history.