Oregon State Extends Riley’s Contract to 2012
Oregon State has extended coach Mike Riley’s contract through the 2012 season.
He will make a guaranteed base salary of $850,000, rising incrementally to $1.1 million in the final year, and additional bonuses.
The contract includes rollover provisions and bonuses for Riley’s assistants if the Beavers go to bowl games.
“The program has made tremendous strides on and off the field, and having stability at the top is a proven plan for future success. Coach Riley is a well-respected person and is a great ambassador for Oregon State University.” Beavers athletic director Bob De Carolis said in a statement.
Riley signed a seven-year deal when he replaced Dennis Erickson in February 2003, for his second stint with the Beavers. Over seven total seasons as Oregon State’s head coach, Riley is 38-34, and 30-20 over the past four seasons.
Oregon State finished last season 10-4, capped by a 39-38 victory over Missouri in the Sun Bowl. It was the Beavers’ third straight bowl game victory.
“We’ve done some very good things at Oregon State over the last few years, and this is another sign of the commitment this university has to not only the football program, but the entire athletics department,” Riley said.
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