Oklahoma football coach Brent Venables is receiving a new-six year contract worth nearly $50 million, as approved Friday by the Oklahoma Board of Regents.

CBS Sports reported the package totals $49.65 million with an average annual value of $8.275 million. The contract will run through the 2029 season.

His original deal, signed when he was hired prior to the 2022 season, was for six years and $43.5 million.

Over the past two seasons, the Sooners are 16-10 -- 6-7 in 2022 and 10-3 last season. They qualified for a bowl game each season, losing both.

Oklahoma is the first head coaching job for Venables, 53.

He began his career as a graduate assistant at his alma mater Kansas State in 1993, then moved on to positions at Oklahoma and Clemson. He won the Broyles Award in 2016 as the nation's top assistant under Dabo Swinney at Clemson, where he was the assistant head coach, defensive coordinator and linebackers coach at the time of his departure.

The Sooners are moving from the Big 12 to the Southeastern Conference this fall. They kick off their season Aug. 30 against Temple and will jump into SEC play on Sept. 21 as they host Tennessee.

--Field Level Media