There was a one-two combo of big announcements out of Norman on Tuesday, as it was revealed that Sooner football coach Bob Stoops is expected to receive a raise on Wednesday and the school is also set to unveil the proposed renovation plans for Gaylord Family-Oklahoma Memorial Stadium at Wednesday's board of regents meeting in Ardmore.
The raise would be the first for Stoops since 2011 and shouldn't come as much of a surprise coming off of a Sugar Bowl victory against Alabama and links to the vacant Cleveland Browns job opening. Stoops' current contract runs through 2020 and he is scheduled to receive $4.95 million next year.
It is expected that the new deal will be in excess of $5 million annually. Only three other FBS football coaches earn $5 million or more per season, led by Nick Saban's $6.9 million contract at Alabama. Texas A&M's Kevin Sumlin, a former Stoops assistant at OU, and new Texas coach Charlie Strong earn $5 million each.
The unveiling of the renovation plans have been widely anticipated and reportedly include new coaches offices, press box, luxury suites above the west-side upper deck, a new video screen, fan amenities and a new weight room.
The renovation is expected to be a three-phase project that will be paced in direct relation to fundraising efforts.
For more detailed information about the stadium renovations, click here to read the original exclusive from our Dean Blevins and this follow up article.