Kirk Ferentz Signs a New Contract

This will be Kirk Ferentz’s eleventh year as head coach of the Iowa Hawkeyes – and with his new contract, he’ll be there for many years to come. Today, he signed an agreement with the school that will keep him at Iowa until 2015.

Kirk Ferentz, Image: Newscom

The school’s getting a bargain – Ferentz’s alary and bonuses won’t change with the new contract. He reportedly earns $3.02 million annually, so Ferentz is getting a good deal too. The agreement also gives him up to 35 hours per year of private plane use, as well as bonuses for winning seasons.

Iowa’s record under Ferentz is 70-53, and last year, the team was victorious in the Outback Bowl.