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Mike Gundy’s Buyout Reduced by Around $10 Million

One of the consequences from this summer’s fallout for Mike Gundy is a loss of $1 million off his expansive contract, but it might not be the biggest consequence. Following an investigation into his relationships within the football program, Mike Holder said Gundy volunteered to give up the $1 million in salary to reduce what would have been a $5.25 million annual salary to $4.25 million.

Mike Holder said Gundy's contract adjustment is true and that it has nothing to do with the pandemic. Said the changes were offered up by Gundy.