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Mike Stoops' contract with University of Oklahoma receives board approval

The University of Oklahoma Board of Regents voted Tuesday to give Mike Stoops a three-year assistant football coach's contract.
BY SILAS ALLEN, Staff Writer, sallen@opubco.com Modified: January 24, 2012 at 8:36 pm •  Published: January 24, 2012
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The University of Oklahoma Board of Regents voted Tuesday to give Mike Stoops a three-year contract as the Sooners' defensive coordinator.

Under the contract, Stoops will receive a base salary of $245,000, $355,000 for personal services and fundraising activities and an annual bonus of $50,000 for each year Stoops remains at the university.

That brings the total value to $1.9 million.

The contract also includes a $60,000 performance bonus for winning the BCS National Championship.

Former defensive coordinator Brent Venables was making $235,000 in base salary plus $205,000 in "additional and outside income from unrestricted funds" for personal services at the time of his departure to Clemson.

The board added Stoops' contract to a lengthy list of other personnel actions in a last-minute agenda change. The action gives OU President David Boren and Athletic Director Joe Castiglione the authority to negotiate the final terms of the contract.

The action also bars Stoops' brother, Sooners coach Bob Stoops, from participating in performance evaluations or recommendations for pay raises, awards or promotions.

Stoops had been the head football coach at Arizona for eight seasons. He was fired from that position in October. Before that, he was an associate head coach at OU.

Also during the meeting, the board voted to give Boren the authority to finalize a contract with a distribution partner for the proposed OU Network. The university hasn't released details of the discussion with that partner. Boren said university officials had “very few remaining details” to work out in the agreement.