Share “Buyout clause in contract shows Mike...”

Buyout clause in contract shows Mike Gundy's commitment to OSU

BRANDON CHATMON Modified: August 9, 2009 at 9:26 am •  Published: August 9, 2009
STILLWATER — There are few things Mike Gundy can’t afford now that he’s signed a new $15.7 million contract, but here’s one:

"I can’t afford the buyout,” Gundy said amid chuckles during OSU’s media day press conference Saturday.

The $3 million buyout came up when Gundy was asked whether he envisioned himself still coaching at OSU in five or 10 years.

"That went in place because I felt very committed to Oklahoma State because of the offer they made me,” he said of the buyout to be paid if he leaves during the seven-year deal. "We joked about it, and I joked about it with the wrong guy, so he was like, ‘OK, let’s just put it in there.’ ”

"Essentially, I’ve limited myself from (leaving), but I wasn’t going to do that anyway.

"I’ve said I’ll always coach at Oklahoma State unless someone doesn’t want me to coach at Oklahoma State.”


Trending Now


AROUND THE WEB

  1. 1
    DeMarco Murray still practicing, Weeden misses for personal reasons
  2. 2
    OU football: Sooners take awesome Christmas card photo
  3. 3
    'Duck Dynasty' Star: 'I'm Trying To Figure Out' Whether Being Gay Is A Choice
  4. 4
    Obama Says Sony Should Not Have Pulled Film Over Hacking
  5. 5
    Breathing in Pollution While Pregnant Linked to Autism
+ show more