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OSU offers $2.7 million to ex-coach
By Andrea Cohen | Modified: February 12, 2010 at 12:09 pm
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Published: April 8, 2008
Oklahoman
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STILLWATER — Oklahoma State University will pay Sean Sutton $2.7 million as part of a settlement between the former coach and the university.
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Sutton agreement with OSU worth $2.7M
04/07/2008 Oklahoma State University officials released details Monday of their settlement agreement with former OSU basketball coach Sean Sutton, who resigned under...
The settlement, finalized Saturday, includes a $300,000 payment this month and payments of $20,000 per month for the next 10 years starting July 1. Sutton's contract, a five-year deal that he was in the second year of completing, included a clause that would have stopped payment once he landed another position. The school and Sutton agreed to delete that clause, so Sutton will be paid regardless of when he gets his next job.
"We wanted to recognize the 17 years of service Sean Sutton rendered to the OSU program as a player, assistant coach and head coach,” OSU Director of Communications Gary Shutt said in a statement. "We thought Sean's contract negotiated when OSU named him head coach designate was too constraining on him and his family. We wanted to be as fair as possible.”
The school said the $2.7 million does not include any state-appropriated money and will be paid from athletic department funds.
The settlement prohibits the university and Sutton — and Sutton's immediate family — from making "adverse comments or disparaging remarks” about each other.
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