This report, provides statistical data on the salaries of faculty and selected administrators in Oklahoma. Highlights pertaining to the 1997-98 academic year include the following: (1) the average salary for all full-time faculty, equated to a 9-10 month basis in Oklahoma state-supported colleges and universities, was $45,189; (2) average salaries increased $1,652 at four-year universities and $1,368 at two-year colleges; (3) the rank of professor at the comprehensive universities showed the greatest dollar increase over 1996-97--10.2%; (4) total full-time faculty was 4,133; (5) full-time salaries on a 9-10 month basis ranged from $4,784 to 144,200, and on an 11-12 month basis from $12,000 to $150,840; and (6) the average fringe benefits paid for faculty in a 9-10 month contract basis were $10,955, and for faculty on an 11-12 month basis, $13,929. Overall, the above statistics represent an increase from the 1996-97 academic year. Comprehensive universities' average salary in Oklahoma is now 90% of the national average, compared with 83% in 1987-88. (Contains 17 tables and 11 figures.) (AS)