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April 18, 2008

Travis Ford's contract: seven years, $9 million

LANGSTON, Okla. (AP) - New Oklahoma State basketball coach Travis Ford will make about $9 million over seven years under a deal revealed Friday at a regents meeting.

The contract calls for Ford to make $1.3 million per year.

He replaces Sean Sutton, who resigned April 1 under pressure.

Sutton's original buyout package called for him to make $2.7 million over 10 years, but tax considerations have led officials to restructure the deal to give him $2.2 million, with him to receive full payment by the end of this year.

Ford, who took Massachusetts to the NIT the last two seasons, was introduced as Oklahoma State's new coach Thursday. Earlier this month, he turned down the PC job and received a new contract from UMass.

Posted by Mike McDermott  at 3:22 PM | Permalink