Mike Gundy to Stay at Oklahoma State After Agreeing to Restructured Contract

The longtime head coach accepted a significant pay cut as part of a deal that reallocates funds to player NIL initiatives following a disappointing 3-9 season.

Oklahoma State and Mike Gundy reached an agreement on a restructured contract after tense negotiations, ensuring his return for a 21st season in 2025.
The revised deal reduces Gundy's $7.75 million annual salary and buyout, with funds redirected to support NIL opportunities for players.
The Cowboys endured their worst season under Gundy in 2024, finishing 3-9 overall and winless in Big 12 play, ending an 18-year streak of bowl appearances.
Oklahoma State dismissed offensive coordinator Kasey Dunn and defensive coordinator Bryan Nardo earlier this week as part of broader program changes.
Gundy, the winningest coach in school history, faced criticism for public comments during the season but retains support from key university leadership.