There worse things in the world than being fired as an assistant football coach at a major university. Three days after being let go from the University of Oklahoma, the details of Mike Stoops’ buyout have been released. Let’s just say the former defensive coordinator will not be applying to a job to stock shelves at the local supermarket.
According to an article by NewsOK, Stoops will receive monthly installments of $24,917 until January 31st 2020. The buyout amount will equal his annual base salary plus and additional $2,000 per month for health care and other expenses.
News that Stoops would be fired broke Sunday night, just a day after the Sooners gave up 48 points in their loss to Texas. It was the most points the Longhorns had ever scored in the storied history of the Red River Rivalry. He had just signed an extension in February that was good through the 2019 season.
My family and I continue to hold the University of Oklahoma football players, coaching staff, administrative staff, and the entire Sooner Nation in the highest regard. We wish nothing but continued success for the program.
I want to especially thank all of my players (past and present) for their tireless efforts to keep Oklahoma on top.
I have been very fortunate to have contributed to the many successes of conference and National Championships, while at Oklahoma. My family and I, will forever be grateful for these opportunities and memories.
We believe this is part of God’s plan and look forward to new beginnings. – Mike Stoops