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Later today Oregon State will announce a contract extension for head football coach Jonathan Smith. The contract is for six years and $30.6 million. John Canzano had the news first:
Oregon State has extended the contract of football coach Jonathan Smith.
— John Canzano (@johncanzanobft) December 11, 2022
I expect an announcement from the school later today. Additional years and a raise for @Coach_Smith, per a source involved in the negotiations.
Coach Smith’s new contract includes a raise for next season and a bump in salary for the coaching staff. Jonathan Smith has done an amazing job rebuilding this football program. The Beavers are working on a potential 10-win season (would be just the 3rd in school history). Despite close losses to USC & Washington the Beavers finished the regular season on a high note beating Oregon and being ranked #14 in the latest CFP poll.
Nick Daschel’s story for OregonLive includes more details on the figures and yearly salary. Interestingly enough details are not known yet for the cost of a buyout. Coach Smith will now be the 5th highest paid coach in the conference, just ahead of Dan Lanning (Oregon) and Justin Wilcox (Cal).
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Oregon State is preparing to face the Florida Gators next weekend in the Las Vegas Bowl.
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