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OSU football coach Mike Riley receives contract extension

01:08 PM PDT on Wednesday, April 25, 2007

Associated Press

CORVALLIS, Ore. (AP) -- On the heels of one of the most successful football seasons in the history of the Oregon State University program, head coach Mike Riley has agreed to a contract extension.

Director of Athletics Bob De Carolis announced it Wednesday.

AP photo

Oregon State coach Mike Riley, center, celebrates with his players Yvenson Berard, left, and Anthony Wheat-Brown after Oregon State defeated Missouri 39-38 to win the Sun Bowl.

The newly structured extension will have Riley under contract through 2012 with rollover provisions.

The 53-year-old Riley will make a guaranteed base salary of $850,000 in the first year of the contract. It would rise incrementally to $1.1 million in the final year.

Riley's contract also stipulates that a year will be added for every season the team participates in a bowl game. A bowl game appearance will also trigger bonuses for Riley's assistant coaches.

Riley will enter his seventh year as the head coach at Oregon State this fall.

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