The earlier reports are true: Iowa football coach Kirk Ferentz has a contract extension.
Iowa announced the extension through the 2025 season. With the news, it’s clear both parties want Ferentz to spend the rest of his career with Iowa.
“I’m just really thrilled to get it done,” he said told reporters Tuesday. “I’m excited and I feel very, very fortunate, very honored to be the head coach at Iowa. ”
With the new agreement, Ferentz will get $4.5 million annually. He and his staff are also eligible for bonuses based on program performance.
The new contract is through Jan. 31, 2026. He previous contract ran through Jan. 31, 2020.
— The Iowa Hawkeyes (@TheIowaHawkeyes) September 6, 2016
“I’ve said it many times, I would like Kirk to retire as a Hawkeye, and this contract is a strong statement toward that commitment,” Iowa athletic director Gary Barta said in the release. “Kirk’s dedication to the football program and the University of Iowa has brought national attention and recognition to the Hawkeyes for nearly 20 years.
Ferentz, who is 61 years old, started his 18th season as the Hawkeyes’ head coach with a 45-21 win against Miami (Ohio) this past week. He is 128-87 with Iowa and is tied with Oklahoma’s Bob Stoops as the longest-tenured coach in the country at the Football Bowl Subdivision level by season, but Ferentz was hired before Stoops.
Ferentz also spoke about what the contract extension means for the stability of the Iowa program and its assistant coaches.
“That’s something I’ve always been mindful of from day one,” Ferentz said. “We want to try to create a good environment for our assistants and it sure helps being at a great university and a great community and a great state.”
Ferentz went 12-2 in 2015, leading the Hawkeyes to the Rose Bowl.
“Iowa is home to me, my wife, Mary, and our five children,” Ferentz said in the release. “We moved a lot during the early years of coaching, but once we arrived in Iowa City – this quickly became our home. We appreciate and value what it is to be an Iowan and an Iowa Hawkeye.”