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Report: Mike Gundy Continues $1 Million Pay Cut

For the second straight year, Mike Gundy will take $1 million under his contractually obligated $5.375 million, according to the Tulsa World’s Bill Haisten.

This pay cut started last year. OSU athletic director Mike Holder said it was Gundy’s idea to take the cut, and that seems to be the case for the coming year. The pandemic has made money tight everywhere, and Haisten reported that OSU’s assistant coaches will not get a raise this offseason.

With Boone Pickens Stadium returning to full capacity in 2021, the ticket, concession and merchandise revenue should all go back up — especially considering how well OSU is doing in season-ticket sales at this point, another point Haisten highlights in his article.