Report: Stoops could join $5 million club with new contract

Written By Bill Bender
(AP Photo)

Welcome to the $5 million club, coach. 

According to a report by CBSSports' Jeremy Fowler, Oklahoma football coach Bob Stoops' contract is getting reworked, and it will go before the school's board of regents Wednesday. 

The contract 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." 

MORE: Sooners No. 1 | Bowl Projections | PHOTOS: Top 15 highest-paid coaches

Stoops would potentially join the $5 million club among FBS coaches, which includes Alabama's Nick Saban ($7.3 million), Texas' Charlie Strong ($5 million) and Texas A&M's Kevin Sumlin ($5 million).

Oklahoma finished 11-2 last season and defeated Alabama in the Sugar Bowl. The Sooners are Sporting News' preseason No. 1. 

Stoops, meanwhile, is one of seven coaches in the Power 5 conferences with a winning percentage better than .800.  Stoops, however, has been at Oklahoma since 1998. He's tied with Kirk Ferentz for the longest tenured coach other than Virginia Tech's Frank Beamer among the Power 5 conferences. 

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