Oklahoma State announced a contract extension Friday for football coach Mike Gundy.
The new agreement keeps Gundy at his alma mater on a "perpetual five-year contract."
Gundy, 54, has compiled a 143-67 record since taking the reins with the Cowboys in 2005.
No. 8 Oklahoma State (6-0, 3-0 Big 12) plays at Iowa State (4-2, 2-1) on Saturday afternoon.
"Coach Gundy has elevated the Cowboys to among the most consistent winners in college football during his 17-year tenure at Oklahoma State University," athletic director Chad Weiberg said in a news release. "The numbers speak to our program's success under his leadership."
Oklahoma State is one of only seven teams to post a winning season every year over the past decade. The Cowboys entered 2021 as one of only three Power Five teams with a winning season and bowl appearance in each of the past 15 years.
"I am appreciative to Athletic Director Weiberg for his commitment and confidence in our football program, as well as our entire athletic department," Gundy said. "... Coaching my beloved alma mater is a great honor for me. I look forward to working with my outstanding coaching staff to continue having a positive impact on the lives of the players and their families who allow us the privilege to help them succeed on the field and in life."
Financial terms of the new deal will be announced at a later date, according to the school.
Gundy's rollover deal had been reduced to four years in 2020, when the coach also took a voluntary $1 million pay cut. That followed a review of the program triggered when former Cowboys running back Chuba Hubbard criticized Gundy for wearing a T-shirt representing the far-right One America Network, or OAN.
--Field Level Media