Mike Riley Agrees to Contract Extension
Jan. 10, 2010
Corvallis, Ore. -
Oregon State University head football coach Mike Riley has agreed to a three-year contract extension, Beaver Director of Athletics Bob De Carolis announced late Sunday evening. The contract ensures the 56-year-old Riley will be on the sidelines for OSU through the 2019 season.
“Due to the fact there is a lot of speculation on my future, I want to make it known that I’m very excited to be coaching at Oregon State University and I anticipate doing so for a long time,” Riley said from the American Football Coaches Association convention in Orlando, Fla.
Riley is the school’s second all-time winningest football coach with 64 wins and was the 2008 Pac-10 Coach of the Year. He has held the position of head coach from 1997-98 and from 2003 to present. The Beavers have played in six bowl games during his tenure, winning five, and have finished tied for second in the Pac-10 the last two seasons.
Full disclosure of terms of the new contract will be announced in the near future, but one term is that his contract will roll over an additional year for every time the team participates in a bowl game.
“Coach Riley has done an outstanding job in leading this program to unparalleled success,” De Carolis said. “This new extension ensures his leadership will be felt for the long term and adds tremendous stability to our program. We are thankful and fortunate to have him committed to the Beaver family.”