Bob Stoops was awarded a $50,000.00 dollars per year pay increase Wednesday by the board of Regents. He also had his contract extended two more years. Stoops now will make a guaranteed $2.55 million dollars through December 2013.
In addition to the new raise Bob Stoops will also receive a "stay bonus" of $3 million dollars if he remains the Sooners' head coach through the 2008 football season. He will also receive a $150,000 bonus when the Sooners win their next national championship.
It seems like every time an NFL job opens up Stoops name is dropped in the hat as a potential candidate. Granted that $50,000 isn't enough to keep a guy away from an NFL salary a $3 million dollar bonus just for staying at one of the nations top football programs is.
Here's what to watch for. After Stoops collects the $3 million at the end of the 2008 season how much will his next stay bonus be?