Oklahoma football news: Brent Venables’ contract buyout details after 2-year extension, revealed
Oklahoma football made a significant financial commitment to Brent Venables, and the cost of firing him has already doubled. The Sooners. signed Venables to a six-year contract extension in August, keeping him under contract through January 2032. The new agreement is worth $63 million, averaging $10.5 million annually. However, its buyout […] The post Oklahoma football news: Brent Venables’…
Oklahoma University recently secured Brent Venables for an additional two years, as reported by ClutchPoints. The 6-year contract extension, signed in August, will keep Venables under contract until January 2032, with a total value of $63 million. This averages $10.5 million per year. However, the financial implications of a coaching change are substantial.
Should Oklahoma decide to part ways with Venables after the 2026 season, the buyout would amount to approximately $51.67 million, tripling the potential cost of firing him without the extension. The buyout amount decreases over time, reaching $5.83 million after 2030. Venables is expected to earn $10 million in 2026, with annual raises of $200,000, eventually reaching $11 million in 2031.
The contract also includes performance incentives, with Venables set to earn an additional $500,000 if Oklahoma reaches the College Football Playoff. This extension provides Venables with long-term stability, while also raising the financial stakes for any future coaching decisions at Oklahoma. The extension is seen as a vote of confidence in Venables' abilities, but also highlights the significant financial commitment required to maintain the program's success in the SEC.
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