Oklahoma's Bob Stoops getting new contract; new $5M man? - CBSSports.com (http://www.cbssports.com/collegefootball/writer/jeremy-fowler/24596043/ous-bob-stoops-getting-new-contract-new-5m-man-)
An enhanced contract for Oklahoma's Bob Stoops will go before the school's board of regents Wednesday, pushing the Sooners coach closer to the top of highest-paid coaches, CBSSports.com has learned.
Stoops – coming off a fourth straight double-digit-win season and a resounding Sugar Bowl victory over Alabama – is expected to hit the $5 million annual threshold sooner than in his current deal, which reportedly called for $5-plus million from 2016-18 after escalators.
But when a CEO of a corporation makes that kind of money people are outraged.
At least in this case, the CEO makes a ton of money for his employer.
The OU athletic department is one of only a few that actually makes more than it spends and of course, football generates almost all that revenue. In fact, last year the AD gave the university $8 million.
Before Stoops came along, athletics were in the red.
Not saying it isn't all a bit crazy, but at least there is a tiny bit of justification here.
Bill Robertson
06-25-2014, 07:01 AM
I'm not sure I would think of Stoops as a CEO. David Boren is CEO, Joe Castiglione is COO and Bob stoops is the Department Manager that actually makes things happen. I have no problem with any corporation that pays the people that make things happen well.
Urbanized
06-25-2014, 07:32 AM
Well, perhaps he'll make something happen this year then. Bud and Barry made something happen a lot more often for a lot less compensation.
Probably bad timing to announce their tuition increase today.
OU students hit with tuition increase | Oklahoma City - OKC - KOCO.com (http://www.koco.com/news/ou-students-hit-with-tuition-increase/26653400)
BoulderSooner
06-25-2014, 01:03 PM
Probably bad timing to announce their tuition increase today.
OU students hit with tuition increase | Oklahoma City - OKC - KOCO.com (http://www.koco.com/news/ou-students-hit-with-tuition-increase/26653400)
The 2 have absolutely nothing to do with eachother
dankrutka
06-25-2014, 01:09 PM
Probably bad timing to announce their tuition increase today.
OU students hit with tuition increase | Oklahoma City - OKC - KOCO.com (http://www.koco.com/news/ou-students-hit-with-tuition-increase/26653400)
BORs also announced a scholarship fund to help education majors graduate debt free who commit to teaching in Oklahoma (and obviously not make much money). So, that helps some.
Urbanized
06-25-2014, 01:11 PM
The 2 have absolutely nothing to do with eachother
And obviously compensation has little to do with winning national championships, either.
dankrutka
06-25-2014, 01:22 PM
And obviously compensation has little to do with winning national championships, either.
Of the top 4 highest paid coaches in college football, only Stoops and Saban have won a title.
The 2 have absolutely nothing to do with eachother
Show me where i said it did. From a public perception point of view, it's probably not the best of timing.
Urbanized
06-25-2014, 02:41 PM
Of the top 5 highest paid coaches in college football, only Stoops and Saban have won a title.
Bob Stoops has won a title. Saban has 4 of them.
Dustin
06-25-2014, 02:43 PM
The 2 have absolutely nothing to do with eachother
Try telling that to the idiots on FB... Sigh