Report: ‘Growing Optimism’ Mike Gundy, OK State Will Reach New Contract amid Talks | News, Scores, Highlights, Stats, and Rumors

STILLWATER, OK - NOVEMBER 2:  Head coach Mike Gundy of the Oklahoma State Cowboys runs onto the field for a game against the Arizona State Sun Devils at Boone Pickens Stadium on November 2, 2024 in Stillwater, Oklahoma.  Arizona State won 42-21. (Photo by Brian Bahr/Getty Images)

Brian Bahr/Getty Images

After going winless in conference games this season, Oklahoma State is looking to save money on Mike Gundy’s contract by getting him to accept a restructured deal.

Per ESPN’s Chris Low, there is “growing optimism” that Gundy and Oklahoma State will come to terms on a new contract.

ESPN’s Pete Thamel noted the two sides had meetings on Friday and school has asked Gundy to take a “significant pay cut” that would also reduce his buyout, which is currently around $25 million.

This article will be updated soon to provide more information and analysis.

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