Sunday, June 7, 2026
newmoneyfront.com
Advertisement
  • News
  • Share Market
  • Commodoties
  • Forex
  • Crypto
No Result
View All Result
  • News
  • Share Market
  • Commodoties
  • Forex
  • Crypto
No Result
View All Result
newmoneyfront.com
No Result
View All Result
Home Finance News

Oklahoma Sooners Coach Brent Venables Makes Major Financial Decision

For your consideration by For your consideration
August 31, 2025
in Finance News
0
Oklahoma Sooners Coach Brent Venables Makes Major Financial Decision
77
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

By

Eduardo Razo is a sports writer based in Los Angeles, California who covers college football along with the NFL, NBA, and MLB. He has worked as a freelance writer for The Sporting News and has previously covered teams for NBC Sports Washington and NBC Sports Bay Area & California. He also worked as an editor at Athlon Sports.


Eduardo Razo

Contributing Sports Writer

🎙️ Voice is AI-generated. Inconsistencies may occur.

On the eve of their Saturday contest against the Illinois State Redbirds, Oklahoma Sooners head coach Brent Venables has reportedly made a financial decision regarding his salary.

According to documents obtained by USA Today’s Steve Berkowitz, Venables is taking a $1 million pay cut for the 2025 season, reducing his salary to $7.55 million.

MORE: Alabama QB Ty Simpson Shares Tim Tebow Confession

Moreover, an Oklahoma spokesperson told USA Today that Venables initiated the decision as a one-time contribution to the school’s revenue-sharing program, which can now provide up to $20.5 million for athletes under the House v. NCAA settlement, with most of the money likely going to football.

“It was initiated by Coach Venables as a one-time give-back to contribute to the department’s revenue-sharing efforts,” the spokesperson said to USA Today.

Brent Venables
OXFORD, MISSISSIPPI – OCTOBER 26: head coach Brent Venables of the Oklahoma Sooners during the first half against the Mississippi Rebels at Vaught-Hemingway Stadium on October 26, 2024 in Oxford, Mississippi. The Sooners are on…

Photo by Justin Ford/Getty Images

Venables joins a list of college football coaches directing their pay to revenue-sharing initiatives, including Oklahoma State’s Mike Gundy, who accepted a $1 million reduction, and Florida State’s Mike Norvell, who is reportedly contributing $4.5 million of his salary toward similar efforts in Tallahassee.

OU athletics director Joe Castiglione spoke to SoonerScoop and praised Venables for taking the initiative to help the program out.

MORE: Kalen DeBoer Sent Dire Warning on Consequences of FSU Loss

“It really shows a lot of leadership on Brent’s part,” Castiglione said. “He came forward with the idea, knowing there were needs for our program. He wanted to help. He recognized the need to retain players already on our roster and those we needed to recruit, and he wanted to help participate in the revenue-sharing formula going forward.”

After making this financial decision, Venables can turn his attention to the field as the Sooners should take care of the Redbirds. Nonetheless, the biggest test comes on September 6 when the Sooners welcome the Michigan Wolverines.

It’s this game against the Wolverines that could allow for Oklahoma to build positive momentum heading into SEC play as Venables and his team push to be one of the teams that qualify for the College Football Playoff.

For more on college football, head to Newsweek Sports.

Is This Article Trustworthy?

Newsweek Logo

Newsweek is committed to journalism that is factual and fair

We value your input and encourage you to rate this article.

Newsweek is committed to journalism that is factual and fair

We value your input and encourage you to rate this article.

Slide Circle to Vote

No
Moderately
Yes

VOTE

Top stories

About the writer


Eduardo Razo is a sports writer based in Los Angeles, California who covers college football along with the NFL, NBA, and MLB. He has worked as a freelance writer for The Sporting News and has previously covered teams for NBC Sports Washington and NBC Sports Bay Area & California. He also worked as an editor at Athlon Sports.


Eduardo Razo

Eduardo Razo is a sports writer based in Los Angeles, California who covers college football along with the NFL, NBA, …
Read more

You might also like

US Supreme Court backs FCC, SEC in rulings on regulatory powers

Spectra Rolls $4.88M Into New XRP Yield Market as Flare Keeps Liquidity Intact

American Men Lead Crypto Adoption as 31% Prioritize Privacy Over Banking Norms

By

Eduardo Razo is a sports writer based in Los Angeles, California who covers college football along with the NFL, NBA, and MLB. He has worked as a freelance writer for The Sporting News and has previously covered teams for NBC Sports Washington and NBC Sports Bay Area & California. He also worked as an editor at Athlon Sports.


Eduardo Razo

Contributing Sports Writer

🎙️ Voice is AI-generated. Inconsistencies may occur.

On the eve of their Saturday contest against the Illinois State Redbirds, Oklahoma Sooners head coach Brent Venables has reportedly made a financial decision regarding his salary.

According to documents obtained by USA Today’s Steve Berkowitz, Venables is taking a $1 million pay cut for the 2025 season, reducing his salary to $7.55 million.

MORE: Alabama QB Ty Simpson Shares Tim Tebow Confession

Moreover, an Oklahoma spokesperson told USA Today that Venables initiated the decision as a one-time contribution to the school’s revenue-sharing program, which can now provide up to $20.5 million for athletes under the House v. NCAA settlement, with most of the money likely going to football.

“It was initiated by Coach Venables as a one-time give-back to contribute to the department’s revenue-sharing efforts,” the spokesperson said to USA Today.

Brent Venables
OXFORD, MISSISSIPPI – OCTOBER 26: head coach Brent Venables of the Oklahoma Sooners during the first half against the Mississippi Rebels at Vaught-Hemingway Stadium on October 26, 2024 in Oxford, Mississippi. The Sooners are on…

Photo by Justin Ford/Getty Images

Venables joins a list of college football coaches directing their pay to revenue-sharing initiatives, including Oklahoma State’s Mike Gundy, who accepted a $1 million reduction, and Florida State’s Mike Norvell, who is reportedly contributing $4.5 million of his salary toward similar efforts in Tallahassee.

OU athletics director Joe Castiglione spoke to SoonerScoop and praised Venables for taking the initiative to help the program out.

MORE: Kalen DeBoer Sent Dire Warning on Consequences of FSU Loss

“It really shows a lot of leadership on Brent’s part,” Castiglione said. “He came forward with the idea, knowing there were needs for our program. He wanted to help. He recognized the need to retain players already on our roster and those we needed to recruit, and he wanted to help participate in the revenue-sharing formula going forward.”

After making this financial decision, Venables can turn his attention to the field as the Sooners should take care of the Redbirds. Nonetheless, the biggest test comes on September 6 when the Sooners welcome the Michigan Wolverines.

It’s this game against the Wolverines that could allow for Oklahoma to build positive momentum heading into SEC play as Venables and his team push to be one of the teams that qualify for the College Football Playoff.

For more on college football, head to Newsweek Sports.

Is This Article Trustworthy?

Newsweek Logo

Newsweek is committed to journalism that is factual and fair

We value your input and encourage you to rate this article.

Newsweek is committed to journalism that is factual and fair

We value your input and encourage you to rate this article.

Slide Circle to Vote

No
Moderately
Yes

VOTE

Top stories

About the writer


Eduardo Razo is a sports writer based in Los Angeles, California who covers college football along with the NFL, NBA, and MLB. He has worked as a freelance writer for The Sporting News and has previously covered teams for NBC Sports Washington and NBC Sports Bay Area & California. He also worked as an editor at Athlon Sports.


Eduardo Razo

Eduardo Razo is a sports writer based in Los Angeles, California who covers college football along with the NFL, NBA, …
Read more

Share31Tweet19
For your consideration

For your consideration

Recommended For You

US Supreme Court backs FCC, SEC in rulings on regulatory powers

by For your consideration
June 7, 2026
0
US Supreme Court backs FCC, SEC in rulings on regulatory powers

The US Supreme Court just handed federal regulators a pair of wins that crypto firms should pay very close attention to. In two separate rulings issued on June...

Read moreDetails

Spectra Rolls $4.88M Into New XRP Yield Market as Flare Keeps Liquidity Intact

by For your consideration
June 6, 2026
0
Spectra Rolls $4.88M Into New XRP Yield Market as Flare Keeps Liquidity Intact

An XRP-denominated fixed-term yield market on the Flare Network recently completed a liquidity rollover with zero market interruption.Key TakeawaysFlare Network executed a seamless $4.88M XRP liquidity rollover between...

Read moreDetails

American Men Lead Crypto Adoption as 31% Prioritize Privacy Over Banking Norms

by For your consideration
June 5, 2026
0
American Men Lead Crypto Adoption as 31% Prioritize Privacy Over Banking Norms

A new study found 51% of U.S. crypto wallet users are systematically replacing legacy banks with digital assets for everyday financial tasks.Key TakeawaysAn Oobit survey shows 51% of...

Read moreDetails

Eurosystem invites participants for tokenization, DLT projects

by For your consideration
June 4, 2026
0
Eurosystem invites participants for tokenization, DLT projects

Homepage > News > Business > Eurosystem invites participants for tokenization, DLT projects The Eurosystem is inviting financial market stakeholders and public sector bodies to provide insights and...

Read moreDetails

Scott Fanatico Featured on the Marquis Masters Podcast

by For your consideration
June 3, 2026
0
Scott Fanatico Featured on the Marquis Masters Podcast

Mr. Fanatico's working-class background serves him well as a financial advisor and business leader SAN ANGELO, TX, June 03, 2026 /24-7PressRelease/ -- Scott Fanatico has been featured on...

Read moreDetails
Next Post
The stock market had a tough week but a great month. Here’s what happened

The stock market had a tough week but a great month. Here's what happened

Related News

Taiwan maintains solar FITs to support residential PV deployment

Taiwan maintains solar FITs to support residential PV deployment

January 4, 2025
Pussy Riot’s Nadya Indicted, Added to Russia’s ‘Wanted List’

Pussy Riot’s Nadya Indicted, Added to Russia’s ‘Wanted List’

April 3, 2026
What Trump’s decision to send more weapons to Ukraine will mean for the war

What Trump’s decision to send more weapons to Ukraine will mean for the war

July 20, 2025

Browse by Category

  • Commodoties
  • Crypto
  • Finance News
  • Forex
  • Share Market
newmoneyfront.com

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

CATEGORIES

  • Commodoties
  • Crypto
  • Finance News
  • Forex
  • Share Market

BROWSE BY TAG

asx AUSTRALIA Bitcoin china christians Cryptocurrencies donald trump E-Commerce Economy Fed Tapering freedom INVESTMENT jpy Market Stories money Obligation peace profit russia shares stock market stocks Strategy Tax Trading truth

Copyright © 2024 newmoneyfront.com! Design by Freelancing Solution. All Rights Reserved.

No Result
View All Result
  • News
  • Share Market
  • Commodoties
  • Forex
  • Crypto

Copyright © 2024 newmoneyfront.com! Design by Freelancing Solution. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?