It was announced on Tuesday that Riley and OU have reached an agreement in principle on a contract extension and a salary increase. The contract terms are still being finalized, according to OU president James Gallogly, who, in a statement released by the OU athletic department, expressed the desire to keep the Sooners’ 35-year-old head coach around for a long time.
The final, agreed-upon terms will be subject to the approval of the OU Board of Regents, which meets later this month.
OU’s 2018 season ended on Saturday with a 45-34 loss to Alabama in one of the College Football Playoff semifinal games.