OU football coach Brent Venables’ new six-year extension includes significant bonuses

NORMAN — When OU’s Board of Regents approved a new six-year contract scheduled to be worth at least $51.6 million for head coach Brent Venables on June 21, his performance bonuses included a significant increase from his original agreement.

In addition to the $250,000 bonus for winning the SEC Championship Game — up from $150,000 for winning the Big 12 Championship Game in his previous contract — and $1 million for winning the College Football Playoff National Championship — up from $700,000, — Venables has various other opportunities to add to his new lucrative extension, according to his contract obtained by The Oklahoman and the USA TODAY Network.

Here’s a list of performance bonuses Venables can earn (if OU wins the SEC Championship Game, Venables receives an additional $125,000, bringing his total earnings for winning the conference championship game to $250,000):

• $125,000 for participating in the SEC Championship Game, up from $100,000 for participating in the Big 12 Championship Game

One of the following:

• $25,000 for participating in a non-CFP postseason bowl game with at least seven regular season wins

• $200,000 for participating in a CFP first round game

• $300,000 for participating in a CFP quarterfinal game

• $400,000 for participating in a CFP semifinal game

• $750,000 for participating in the CFP National Championship game, up from $300,000

Awards bonuses (unchanged):

• $35,000 for being named SEC Coach of the Year

• $75,000 for being named National Coach of the Year by any one of the following: the Associated Press, AFCA and/or Home Depot (ESPN)

• $25,000 annually for a cumulative team GPA of 3.0 or better for any semester

In his new contract, Venables receives up to $240,000 in private air transportation, a change from the 30 hours he was provided in his original contract.

Venables signed the contract on June 7, while athletic director Joe Castiglione signed on June 10.

More: What Brent Venables said about Jackson Arnold, OU football injuries at SEC Media Days

OU men’s golf coach Ryan Hybl’s contract details

OU men’s golf coach Ryan Hybl’s current contract became effective July 1, 2023, but wasn’t signed by Hybl until May 1, 2024, while Castiglione signed it on May 18, 2024.

The agreement runs through June 30, 2028 and begins with a base salary of $285,000 plus $70,000 in outside income.

The contract states that beginning July 1, 2024, Hybl was to receive a base salary increase of $10,000 non-cumulatively and by an additional non-cumulative amount of $10,000 annually effective July 1 in each remaining contract year. It also states beginning July 1, 2024, his outside income was set to increase $5,000 non-cumulatively annually on July 1 for each remaining contract year.

This article originally appeared on Oklahoman: Brent Venables’ new six-year extension includes significant raises