Sutton receives $2.7 million settlement

Apr 7, 2008 - 10:36 PM OKLAHOMA CITY (Ticker) - Former Oklahoma State coach Sean Sutton will receive a $2.7 million settlement from the school, The Oklahoman reported Monday.

According to the newspaper, the agreement included a one-time payment of $300,000 and then $2.4 million to be paid over the next 10 years.

Sutton, 39, resigned as the Cowboys' coach on Tuesday with three years remaining on a five-year contract.

"We wanted to recognize the 17 years of service Sean Sutton rendered to the OSU program as a player, assistant coach and head coach," OSU director of communications Gary Shutt said in a statement released by the school.

Sutton had a 39-28 record in two seasons as head coach, losing in the first round of the NIT each year. OSU went 17-16 this year, struggling early, but reeling off five straight wins late in the season.

Sutton began running the program on an interim basis in 2005 after coach Eddie Sutton - his father - left the team following a drunken driving accident.

After missing the final 10 games of the season, Eddie Sutton stepped down and Sean Sutton eventually was named coach.

The elder Sutton made news this season when he came out of retirement to coach San Francisco in a move that allowed him to claim his 800th coaching victory. He had 798 wins when he left OSU.