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Kirk Ferentz gets a contract extension.

iowajerms

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Iowa's Kirk Ferentz has new deal

This source says through 2025. Some others say through 2026.

Here's a little bit from the link above:

And then Tuesday, Iowa announced it had reached an agreement with Ferentz on a contract extension. The deal will go through the 2025 season and pay Ferentz $4.5 million a year.

No other contract details were available Tuesday. After the 2014 season, when the Hawkeyes, ranked No. 10 in the USA Today coaches poll on Tuesday, finished 7-6, Iowa experienced a 17 percent drop in season ticket sales. The contract Ferentz and Iowa struck in 2010 had an extremely favorable buyout clause for Ferentz, stating if he were fired without cause the UI would pay 75 percent of his annual guaranteed amount.

That fact launched a “buyout-o-meter” around the internet. After any bad loss, there was a sea of tweets and posts that stated how much the buyout would be if Iowa decided to cut ties.

The buyout was a big topic when Barta talked about the new deal during a Tuesday news conference. Barta said the buyout is similar to the old contract.


But, before you tweet that the “buyout-o-meter” is now $30 million and change, let Barta explain his reasons.

“I said a year ago, prior to the season, that my decision to stay the course with Kirk was based on all of the values and all of the past experiences and not based on the buyout,” Barta said. “The buyout is something we could’ve done financially, but I chose to stay with him because of who he is and he had done.”
 

7Samurai13

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No one rewards mediocrity like Iowa. They should be many coaches dream job. Relevancy once every 5-7 years gets you a contract extension.
 

Hornsstampede2.0

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What the hell is wrong with Iowa?

They spend the last 7 years whining that their coach was incredibly overpaid and had the worst albatross contract in football.

He has one good year

Then they extend him for nine fucking years. Who was bidding against Iowa to steal him away???
 

Cowboyinexile

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Then they extend him for nine fucking years. Who was bidding against Iowa to steal him away???

This. He had a great season and possibly can have another. But with all due respect, it's not like he is on the short list for Bama when Saban retires. If he kicks ass this year then sure make sure he stays. It's a little premature to give him a massive extension though.
 

HuskerOC

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Is there a way I can give 1 million LIKEs to the Iowa football program?
 

Wild Turkey

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When Frerentz retires there will be guys lined up to take the job.
 

4down20

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Hope he wrote thank you letters to Wisconsin and Nebraska.
 

Innermind

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This. He had a great season and possibly can have another. But with all due respect, it's not like he is on the short list for Bama when Saban retires. If he kicks ass this year then sure make sure he stays. It's a little premature to give him a massive extension though.


Exactly..... the timing of this is silly. If he wins the West Div. again this season, and then wins his Bowl game..... then yeah, perhaps give him an extension.
 

droider

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Wasn't it bad enough that Ferentz was stealing from Iowa for the last 17 years, but then to go ahead and give him another 10 years at a raise? Seriously, who does that?

The guy has never won an outright Big 10 title and has only played in one Rose Bowl where the Hawkeyes got humiliated.
 

bocomo007

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Wasn't it bad enough that Ferentz was stealing from Iowa for the last 17 years, but then to go ahead and give him another 10 years at a raise? Seriously, who does that?

The guy has never won an outright Big 10 title and has only played in one Rose Bowl where the Hawkeyes got humiliated.

this

a thousand times this
 

bocomo007

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Wasn't it bad enough that Ferentz was stealing from Iowa for the last 17 years, but then to go ahead and give him another 10 years at a raise? Seriously, who does that?

The guy has never won an outright Big 10 title and has only played in one Rose Bowl where the Hawkeyes got humiliated.

this

a thousand times this
 

belcherboy

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Life is ALL about timing!

I wonder if Iowa had lost this game a few weeks ago if this extension happens?
 

iowajerms

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Wasn't it bad enough that Ferentz was stealing from Iowa for the last 17 years, but then to go ahead and give him another 10 years at a raise? Seriously, who does that?

The guy has never won an outright Big 10 title and has only played in one Rose Bowl where the Hawkeyes got humiliated.

Well, in 2002 season, Iowa wasn't eligible for the Rose Bowl with Ohio State in the Fiesta Bowl (NCG) and the Orange Bowl chose their teams before Rose anyway.

But your point is right. I thought too soon myself. I like Ferentz. I seemed to be the only Iowa fan defending him before last season. But I think they should have seen if he could go a few years with 10+ wins.

I said in a post before (not sure what thread) that Iowa is not elite right now. They are a 1 year wonder.
 

iowajerms

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It helps when you avoid the top 3 teams in the opposite side of the conference during the regular season too.

Avoid? You make it sound like Iowa did their conference schedule too.

Edit: I said Iowa was a 1 year wonder because they only had 1 year of 10+ wins. They still can do that even with this upset.
 

belcherboy

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Avoid? You make it sound like Iowa did their conference schedule too.

I'm sorry I made it sound like that, but they did avoid having to play those three teams. That does help to make them a "1 year wonder" team last year.
 

7Samurai13

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lol, i posted, and nothing happened so i hit post again

screw it, 3000 times!!!!
over-9000-meme
 
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