Oklahoma promises Stoops $3M bonus if he stays

From wire reports
Bob Stoops will receive a $3 million bonus if he remains Oklahoma's football coach through the 2008 season under an amendment to his contract approved last week by the university board of regents.
The board also extended Stoops' contract by a year, through the 2011 season, and raised some of the incentives in the contract.
"This is another step to us ensuring Coach Stoops stays with us for a very long time," athletics director Joe Castiglione said.
Stoops earns $200,000 in base salary, but with outside income he is guaranteed $2.4 million in 2005. The contract provides for a $100,000 raise each year. He also can make almost $500,000 more if he achieves every incentive bonus.
School President David Boren stressed the raises and bonuses were funded mostly by private donors and ticket revenue.
If Oklahoma wins the Bowl Championship Series national title, Stoops would get a $250,000 bonus, an increase of $100,000 over the previous bonus.
"I appreciate any consideration the university shows me in the way of contract extension and incentives," Stoops said. "The administration has shown its gratitude for what we've done and its belief in what we still hope to do. I feel very fortunate to coach at the University of Oklahoma."
Stoops is 67-12 in six seasons with three Big 12 titles. The Sooners have played in three BCS title games in his tenure, winning one.