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7h ago

New Contract Details Clarify Mike Gundy Buyout as Oklahoma State Evaluates Next Steps

A flat buyout with succession language gives university leaders a clearer exit path if results continue to lag.

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Overview

  • Oklahoma State would owe Mike Gundy $15 million if terminated without cause on or before Dec. 31, 2027, dropping to $10 million for a separation after that date.
  • Gundy’s reworked deal, signed in December, runs through Dec. 31, 2028 and pays $6.875 million for 2025 with $125,000 annual raises.
  • The contract adds conditional succession-planning language that allows Gundy to participate in identifying and developing a successor if the athletic director elects to use it.
  • Pressure has intensified after a 3-9 season in 2024 and a poor start in 2025 that includes a lopsided loss to Oregon.
  • Reporting from The Oklahoman notes OSU could consider a negotiated buyout or an announced end‑of‑season retirement if performance does not improve, while AD Chad Weiberg remains in his role without a contract after recent open‑heart surgery.