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Mike Gundy gets $400K bonus for bowl appearances

The Associated Press Modified: December 24, 2008 at 7:42 pm •  Published: December 24, 2008
STILLWATER - Oklahoma State football coach Mike Gundy will receive a $400,000 bonus for getting his Cowboys to their third consecutive bowl appearance.

A clause in Gundy's contract indicates he is to receive the bonus if the Cowboys make three bowl appearances in any five-year period.

Ranked 9-3 overall and ranked 13th in The Associated Press poll, OSU will face 15th-ranked Oregon in Tuesday's Holiday Bowl at San Diego.

Gundy was paid $1.05 million this year. His current contract will be voided on Jan. 1, at which point he will be employed under the terms of a new, seven-year deal.

On Dec. 5, it was announced that Gundy had accepted the terms of a $15.7 million contract. Over the life of the contract, his average annual compensation will be more than $2.2 million.