Sooners reward Riley with lucrative new contract

NCAAF

The University of Oklahoma regents made Lincoln Riley one of the top 10 highest-paid coaches in college football Wednesday, bumping his 2019 salary to $6 million.

Riley previously made $4.8 million last year.

On top of the $6 million, Riley will receive an annual $700,000 stay bonus for each year he remains with the Oklahoma Sooners, in addition to $150,000 annual bumps, through the 2023 season.

The school also will play Riley an extra $1 million if he stays at Oklahoma past April 1, 2021. Riley can also net up to $750,000 in performance bonuses annually.

Riley chose to remain with the Sooners despite receiving overtures from the NFL after leading Oklahoma to back-to-back College Football Playoff appearances in his first two seasons as head coach. With him also calling the offensive plays, the Sooners became the first program in history to produce back-to-back Heisman winning quarterbacks in Baker Mayfield and Kyler Murray.

The regents also announced that Riley’s new defensive coordinator, Alex Grinch, will make $1.4 million in his first season at Oklahoma.

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