Riley's contract released, big bonuses possible

By: Nathan Thompson

Updated:

Lincoln Riley's official contract is finally out. The University of Oklahoma released it Tuesday, and FOX23 got a copy of the 12-page document.

We learned the broad strokes of Riley's contract -- like his $3.1-million first-year salary -- back in June soon after he was announced head coach.

But now, we get the fine details including the list of possible bonuses: $75,000 if the Sooners win the Big 12 Championship game, $75,000 more to make the College Football Playoffs, $125,000 more to win a semifinal game, and $250,000 more to win a national championship.

Riley can also get a bonus for graduation rate, up to $125,000 for a hundred percent rate.

Riley can get bonuses for postseason awards too -- $25,000 if he's named Big 12 Coach of the Year and $50,000 if he's the Associated Press National Coach of the Year.

OU's new head coach will also get up to 25 hours of private plane use a year and playing privileges at two local golf courses.

Coach Riley will also get a $200,000 raise each year. So his salary will average $3.5 million over the life of the five-year deal not counting bonuses.

To see Lincoln Riley's complete contract, click here.

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