From U of I:
IOWA CITY, IA – University of Iowa Athletic Director Gary Barta announced today he has come to terms with Head Football Coach Kirk Ferentz on a new seven-year contract that will run through the 2015 season. Details of the contract are still being finalized.
Terms of the new contract will be very similar to the current agreement. Ferentz’ salary and his bonus structure will remain unchanged. Bonuses for his assistant coaches will be similar, but will include additional compensation for significant achievement.
“Kirk Ferentz has shown over a twenty-year period he loves the University and the state of Iowa,” said Barta. “He is a great fit for the Hawkeye program. As our head coach the past 10 years, he’s proven himself to be a winner and a strong leader of the Hawkeye program. I’m thrilled to have him as Iowa’s head football coach.”
Ferentz made the following statement.
“I continue to consider it an honor to coach at the University of Iowa and I am very appreciative of the University extending my contract. Gary Barta and President Mason have been very supportive of our efforts. I feel fortunate to be at Iowa and I am very excited about the future of our program.”
Kirk Ferentz is beginning his 11th year as head football coach at the University of Iowa. His tenure as Iowa’s head football coach trails only Hayden Fry, who led the Hawkeyes for 20 seasons (1979-98). Ferentz now ranks second (Penn State’s Joe Paterno is first) in longevity among Big Ten Conference football coaches. He has posted a 70-53 record at Iowa which includes two Big Ten championships and seven first division finishes.
Ferentz has led the Hawkeyes to bowl eligible status in each of the last eight seasons. The Hawkeyes appeared in six straight bowl games between 2001 and 2006, the second longest bowl streak in school history (Iowa appeared in eight straight bowl games from 1981-88). Iowa’s streak under Ferentz included a string of four straight January games from 2002-05. A January bowl appearance last season made it five out of seven years for Kirk and January games.