OKLAHOMA CITY (AP) — Lincoln Riley already had a major upgrade in his job title.
Now, he’s got the financial upgrade to match.
Oklahoma’s Board of Regents on Tuesday approved a five-year deal for Riley that starts at $3.1 million for the first year. It increases by $200,000 annually, with a national championship bonus of $425,000.
Riley was promoted from offensive coordinator to head coach this month after longtime coach Bob Stoops abruptly stepped down following an 18-year run. Just last month, Oklahoma had given Riley a three-year contract extension worth $1.3 million per year, making him one of the highest-paid coordinators in the country.