With Oklahoma State football facing a challenging season, head coach Mike Gundy’s future is under intense scrutiny. Despite nearly two decades with the Cowboys and a contract that secures him significant compensation, recent performance issues and controversial comments have led to calls for a change in leadership. Many fans are now questioning if the program should continue its commitment to Gundy, despite the financial implications of his
Mike Gundy Contract & Salary
Mike Gundy’s contract at Oklahoma State has an estimated annual salary of $7.75 million in 2024, Gundy’s contract is designed for longevity but now faces scrutiny as fans weigh the cost against recent on-field results.
Gundy signed his current perpetual five-year contract with Oklahoma State University on October 22, 2021. This agreement ensures that at the conclusion of each season, an additional year is automatically added, maintaining a constant five-year term.
Mike Gundy Incentives
In addition to his base salary, Gundy’s contract includes performance-based incentives:
- Non-New Year’s Six Bowl Appearance: $62,500
- New Year’s Six Bowl or Big 12 Championship Game Participation: $125,000
- Big 12 Championship Win, First-Place Conference Finish, or College Football Playoff Selection: $150,000
Mike Gundy Buyout
The question, to me, is not if #OKState should fire Mike Gundy. Can it afford his buyout?
— Marcus Trevino (@Marcus_Trevino_) November 10, 2024
If Oklahoma State terminates Gundy’s contract without cause, the university is obligated to pay 75% of his remaining compensation over the contract’s duration—a hefty buyout that has substantial financial implications.
The buyout amount, which decreases each year, would be as follows:
- 2024: $29,062,500
- 2025: $23,250,000
- 2026: $17,437,500
- 2027: $11,625,000
- 2028: $5,812,500
Why Fans Want Mike Gundy Fired
A disappointing 3-7 record and seven-game losing streak have tested fans’ patience this season, highlighted by a 38-13 loss to TCU. Expectations were high, but consistent struggles have sparked calls for a fresh start. Additionally, Gundy’s recent comments, where he criticized fans, further intensified the situation. Although he issued an apology, the sentiment among many fans remains strained.
Oklahoma State faces a difficult decision. On one hand, Gundy’s leadership has shaped the program for years, but on the other, fans’ calls for a new direction make it clear that performance and public image will play a crucial role in his future with the Cowboys.
