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Mike Gundy is $166,667 lighter in the wallet

Oklahoma State has announced the gift of $166,667 from head coach Mike Gundy and his wife Kristen to an endowed quarterback scholarship at the university.

The Gundy’s gift qualifies for the Pickens Legacy Scholarship Match, which matches donations over $50,000 in a 2:1 ratio. With the match, Gundy's donation balloons to $500,000, and will provide $25,000 each year for tuition, fees, books and living expenses for OSU quarterbacks.

In a statement, Gundy said, "Kristen and I are pleased to support the Branding Success campaign for OSU. This university means a great deal to our family. We received a wonderful education here, and today we both count it a big honor for me to coach at OSU and for our family to live in Stillwater.”

As I said the day I was appointed head coach at OSU, ‘This is my New York Yankees job.' Yes, athletics are indeed important to every major university; but academics are truly most important. This endowed scholarship is one way we can say thank you to OSU for our education and underscore our belief that our players are athletes second and students first."