Fresh off a Rose Bowl berth in his first season as Oklahoma's head coach, Lincoln Riley is getting a raise.
The Oklahoma Board of Regents approved a raise and a contract extension for Riley, paying him $25 million over five seasons, through 2023. Riley's contract averages out to $5 million per year.
Riley will make $4.8 million this year, up from $3.8 million in his first year as head coach. His total compensation will increase $100,000 every year on Feb. 1.
Part of that compensation is a $500,000 annual stay bonus that Riley will receive on June 1 of each contract year that he's still employed at OU.