Bob Stoops, Oklahoma Agree on New Contract: Latest Details and Reaction

Bob Stoops and the University of Oklahoma agreed on a new contract Tuesday that will keep him in charge of the Sooners sideline through 2021.

John Shinn of the Norman Transcript reported Stoops will make $5.5 million during the upcoming season, adding it "could be more with performance bonuses."

According to Derek Peterson of the Oklahoma Daily, Oklahoma assistants Mike Stoops and Lincoln Riley also received extensions through 2018.

The 55-year-old Stoops has been Oklahoma's head coach for 18 seasons, posting a record of 179-46. He has nine Big 12 titles to his credit and won the national championship in 2000.

The Sooners reached the College Football Playoff last season, but they were eliminated in the semifinals by Clemson in the Orange Bowl.

While Oklahoma is in the midst of a lengthy national title drought, the team has won at least 10 games in five of the past six seasons and is a perennial championship contender.

With quarterback and Heisman Trophy candidate Baker Mayfield back in the mix for the 2016 season, Oklahoma figures to be among the nation's top teams, and Stoops will have a strong chance to legitimize his new contract in short order.

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