Story by
Oklahoma State basketball may be struggling, but buyout of Mike Boynton would be costly
- Story by
- Oklahoma State basketball may be struggling, but buyout of Mike Boynton would be costly
STILLWATER — Coming off a second straight loss to open Big 12 play, 90-73 at Texas Tech on Tuesday night, the Oklahoma State men's basketball team is hovering just above .500 for the season with a daunting schedule still ahead.
Dating back to the season-opening loss to Abilene Christian, the OSU fan base has grown increasingly restless with the program in coach Mike Boynton's seventh season .
Advertisement
However, no coaching change is imminent at this point, and it will be a costly decision for athletic director Chad Weiberg should he choose to part ways with Boynton.
More: 'He's special': Oklahoma State basketball's Brandon Garrison starting to show potential
Jan 6, 2024; Stillwater, Okla, USA; Oklahoma State Cowboys head coach Mike Boynton reacts on the baseline in the second half of an NCAA menÕs basketball game against the Baylor Bears at Gallagher-Iba arena. Mandatory Credit: Mitch Alcala-The Oklahoman
Boynton is under contract through the 2028 season, earning $2.5 million per year. The buyout for the university to terminate the contract would currently call for Boynton to be paid 75% of the remainder of the contract, or just under $8 million.
On April 1, the buyout percentage drops to 66.67%, at which time Boynton will be owed $10 million, making the buyout $6.67 million.
Advertisement
The Cowboys are 8-7 on the season and are set to play at Iowa State — which just upset second-ranked Houston — Saturday before returning home to host third-ranked Kansas.
This article originally appeared on Oklahoman: What is the contract status of OSU basketball coach Mike Boynton?
