Unofficial Contract Terms For OU Football Coach Brent Venables Released

The possible terms of OU head football coach Brent Venables' new job were released this week. 

Friday, December 10th 2021, 7:43 pm

By: Augusta McDonnell


-

The possible terms of OU head football coach Brent Venables' new job were released this week. 

The terms are subject to change, but Venables is expected to make close to $7 million in his first year at the University of Oklahoma. 

Venables said Monday after his highly anticipated introduction as the new OU head coach that he is excited for the new opportunity. 

“But to be able to wake up today and come into the office and have a team meeting, I’m not sure the last time I felt so fulfilled, and excited, and I just want to thank the players for being there today,” he said at a Monday press conference. 

As it stands now, the unapproved contract has Venables committing to the team until 2028. 

His annual base salary sits at $325,000 with an annual $100,000 increase. 

The contract includes terms for “additional and outside income from unrestricted private funds for personal services, fund raising, promotional, public relations, endorsements, speaking engagements, and all other athletics-related contracts and activities for the University in the amount of $6,075,000 annually.” 

About $600,000 will be included as a retirement benefit. 

Any if he coaches the team to an NCAA National Championship, he earns an additional $400,000 bonus. 

The finalized terms of the contract will need to be approved by the university's Board of Regents. 

Augusta McDonnell

Augusta McDonnell joined 9 News in April of 2021. A Montana native, Augusta graduated from the University of Montana in Missoula with a degree in Journalism. She also studied middle eastern civilizations, theology and politics for two years at Biola University in La Mirada, California.

logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News 9 delivered right to your inbox!

More Like This

December 10th, 2021

July 10th, 2025

July 10th, 2025

July 10th, 2025

Top Headlines

July 10th, 2025

July 10th, 2025

July 10th, 2025

July 10th, 2025