In a standoff. Per Thamel.
Sources: Mike Gundy is in a standoff with Oklahoma State. He’s telling people they have come to him and asked him to take a restructured contract, which is expected to include a pay cut. But they have yet to provide him with any details. They have discussed firing him for cause if he doesn’t agree to the new contract. He's owed nearly $25 million on his current contract.
I don’t know how they can threaten to fire for cause.