The Oklahoma City Oklahoman and multiple media sources reported on Wednesday that the University of Oklahoma Board of Regents rewarded the 35-year-old head coach’s exceptional two seasons of success with a very lucrative contract extension worth $32.5 over the next five years.
For fans who are mathematically challenged, that averages out to $6.5 million dollar per year.
The new contract calls for an annual stay benefit of $700,000 for each year he remains as head coach as well as an additional $1 million stay bonus on April 1, 2021.
Riley’s contract extension makes his the highest paid football coach in the Big 12 and tied for seventh highest in college football, according to an ESPN report.