Kirk Ferentz has signed a contract extension that will keep him at Iowa through the 2015 season.
Though Ferentz’s salary of $3.02 million annually will not change, he will be granted personal use of a private jet for up to 35 hours a year, the value of which is estimated at $85,000.
The 2009 season will be Ferentz’s 11th at Iowa, good for second longest tenure all time among the University of Iowa’s head football coaches. Hayden Fry coached for 20 seasons, while Forest Evashevski coached 9.
I love that we can keep Kirk for at least 17 seasons should he honor his newest contract. It’s hard to imagine that after Joe Paterno steps down at Penn State, Iowa will have the Dean of Big Ten Coaches. After Purdue’s Joe Tiller retired following last season, Ferentz became the conference’s second most tenured head coach. Not bad for a guy that went 2-18 in his first 20 games at Iowa while fans screamed for Bob Stoops.
Personally, I think we might have Ferentz even beyond 2015. I think he’s a guy who understands that NFL stands for “not for long.” He already spent 9 years in the 80’s at Iowa as a position coach under Hayden Fry and had this to say to ESPN earlier this month: “My day to day existence – I don’t think it’s been better any place I’ve been than it’s been here at Iowa.”
Since Ferentz’s arrival at Iowa in 1999, his teams have compiled an overall record of 70-53 (43-37) and are 4-3 in bowl games. Iowa has won two Conference Championships under Coach Ferentz.