Oklahoma State athletic director Mike Holder is getting a contract extension through 2021.
The Oklahoman’s Nathan Ruiz reported Friday that the Oklahoma State University/A&M Board of Regents approved a three-year extension for Holder. The contract runs through June 30, 2021. Holder’s annual pay will be $950,000.
“Coach Holder’s compensation has been well below market for years,” Oklahoma State president Burns Hargis said in a news release. “Under his leadership, Oklahoma State is one of the most well-rounded, competitive athletic programs in the country. Mike has led historic improvements in facilities and performance of our athletes and, with this adjustment, his compensation will be more in line with Big 12 athletic directors.”
Holder has served as the school’s AD since 2005. He has overseen numerous improvements to the university’s athletic facilities, including the new video boards that will soon be up in Boone Pickens Stadium and the new baseball stadium currently under construction.
However, Holder still clashes occasionally with football coach Mike Gundy. The extension comes after the two men recently got into a public spat over recruiting, and Gundy entertained interest from Tennessee last year because of reported friction with Holder.
Their relationship is so often fraught with tension that Gundy’s contract actually protects his buyout if Holder were to fire Gundy for cause due to insubordination. Both men are now locked into deals at Oklahoma State for the foreseeable future, so maybe now they’ll play nice. Probably not, though.