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KF under contract for 44 more months; when will the (2 or 4 years?) extension come?

Franisdaman

HB King
Nov 3, 2012
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Heaven, Iowa
From HawkCentral.com:

Ferentz’s contract expires in January 2020 (44 months left on his current contract), yet it doesn’t seem to be a pressing priority to extend it — even though the industry standard is to maintain five years’ cushion (60 months) to help reassure potential recruits of stability. Athletics director Gary Barta said in an email Friday that “there is nothing new to report” but that he and Ferentz “continue to talk about 2016 and beyond.”

Obviously this issue has not hurt 2017 recruiting but eventually Barta will have to sign him to an extension.

Hopefully the buy out is not crazy, too. Firing Ferentz after the rock-bottom 2015 TaxSlayer Bowl would've cost Iowa more than $13 million. But by January, that number will drop to about $8.1 million and then to $5.45 million after the 2017 season. Not that anyone's talking about firing him anymore.

Both parties would be wise to agree to add four years to Ferentz’s existing deal — getting him through the 2023 season — with escalating pay raises to reach $5 million annually. (In 2015, seven Division I coaches’ pre-incentive salary was $5 million or higher; Ferentz’s pay ranked 14th.).

Make that deal, and Ferentz would be 68 when it finishes.

Ferentz owns a 127-87 record at Iowa. If he stays another eight years and averages 8½ wins per season (realistic, considering he’s averaged 8.2 since 2001), he’ll surpass Bo Schembechler’s 194 wins at Michigan for No. 3 all-time among Big Ten Conference coaches.

Yes, No. 3 — behind men named Amos Alonzo Stagg (232 wins) and Woody Hayes (205). That's history worth pursuing.

Beyond a statue-worthy win total (and 25 years at Iowa being a clean number), there are two more reasons age 68 would be a nice contract- and career-ending target.

One, Brian Ferentz will turn 40 in 2023. If the program averages eight or nine wins per season and contends for Big Ten West titles at least half the time, Iowa’s fifth-year offensive line coach and run-game coordinator will be plenty seasoned and warmly welcomed as coach-in-waiting. (That’s a big if; a diet of 7-5 seasons won’t cut it.)

Two, well, I’ll let Kirk Ferentz — now tied with Oklahoma’s Bob Stoops, 55, as college football’s continuous active longevity leader at one school — explain this one.

When we talked this week, he referenced watching two other coaching giants: The longest-tenured coach in the NFL, Bill Belichick, 64; and the NBA’s longevity leader, Gregg Popovich, 67.

Ferentz could’ve also mentioned Nick Saban, who at 64 is certainly going strong at Alabama.

Neither Belichick nor Popovich has lost his coaching edge. And 2015 indicated that Ferentz's has returned.

“It seems like those guys are doing pretty well. I think you can do OK after 65,” Ferentz said. “We’ll just kind of see where it all goes.”

The full article from HawkCentral discussing this is here: http://www.hawkcentral.com/story/sp...ension-sunday-column-chad-leistikow/84341246/
 
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Why do we even have to do an extension, seriously doubt he would go anywhere else regardless. Wait till the contract is up then go from there.
 
Why do we even have to do an extension, seriously doubt he would go anywhere else regardless. Wait till the contract is up then go from there.
Because it affects recruiting. And if you wait, then you have recruits not knowing whether he's gong to be there. And it affects more than just one year. It really isn't that difficult to understand. Since our recruiting appears to be on the upswing, your suggestion seems counter-productive. Unless of course you just hate Ferentz, then point taken.
 
Because it affects recruiting. And if you wait, then you have recruits not knowing whether he's gong to be there. And it affects more than just one year. It really isn't that difficult to understand. Since our recruiting appears to be on the upswing, your suggestion seems counter-productive. Unless of course you just hate Ferentz, then point taken.

i have always thought the rule of thumb was to have your head coach under contract at least 5 years; otherwise, red flags start appearing in recruits' minds and opposing coaches start using it against Iowa

Granted, KF is not going anywhere; I think the only hang up might be buy out language; I don't think Barta wants another controversy there

Iowa has paid KF a ton of money for 17 plus years; hopefully this can get resolved soon. It hasn't affected 2017 recruiting, fortunately.
 
I'm sure they've already started working on the exit plan and changeover to someone else. Especially as 2018 recruits will most likely ask about it.
 
Kirk will be the coach at Iowa until he does not want to coach anymore.

Does anyone think Brian will get the job after Kirk retires?

Kirk has made over 50 million at Iowa. Im sure with the right investments his net worth should be over 100 million.

If I was in his position, I would take my last years compensation and divide in equally among my assistant coaches and go out with a bang.
 
My guess is that if kirk were going to get an extension, it would not happen until the end of the season. I think it is totally up to Ferentz if he wants an extension. If he doesn't then I think its an indication that maybe he retires when his contract is up, thus leaving football on his terms. Of course, I also think a coach on his current staff could assume the reigns by then, say, Brian? I have seen an article that names Brian Ferentz as a up and coming hot young coach. If that were the case, I am sure recruits would be informed when they are being recruited as to the Hawkeye coaching future.Time will tell gents. :)
 
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My guess is that if kirk were going to get an extension, it would not happen until the end of the season. I think it is totally up to Ferentz if he wants an extension. If he doesn't then I think its an indication that maybe he retires when his contract is up, thus leaving football on his terms. Of course, I also think a coach on his current staff could assume the reigns by then, say, Brian? I have seen an article that names Brian Ferentz as a up and coming hot young coach. If that were the case, I am sure recruits would be informed when they are being recruited as to the Hawkeye coaching future.Time will tell gents. :)
This.
 
Kirk will be the coach at Iowa until he does not want to coach anymore.

Does anyone think Brian will get the job after Kirk retires?

Kirk has made over 50 million at Iowa. Im sure with the right investments his net worth should be over 100 million.

If I was in his position, I would take my last years compensation and divide in equally among my assistant coaches and go out with a bang.

Uh no
 
It might just be because I'm 65 myself, but I don't see any reason why a healthy and vital man like Kirk can't coach for anothr 5-7 years. If Brian gets offered a P5 head coaching job in the meantime Kirk will be very happy for him, I'm sure.
 

Just sayin what I would do. I know that he would never do it, but it would go down in history as a classy move considering his net worth.

Maybe we will see Kirk in a wheel chair coaching from the press box while letting Brian run the show?

I agree with Bean, Kirk will probably coach another 5 to 7 years and make a few more runs at a NC. When its over for Kirk, he could have 35 years coaching at Iowa. We will never see this again at Iowa and it wont even be close.
 
This article is why College Coaching of any kind ranks among the "Greatest Jobs On Earth"!

Coaches always want extended with the good ol' "recruiting" excuse.

Coach to A.D. - "Look, I know I suck, but I can't get to "not suck" status unless I have at least 5 more years of Contract so I can look that recruit squarely in the eye". Hell of a country. Paid whether they suck at their job or not. Doesn't get any better than that folks.
 
This article is why College Coaching of any kind ranks among the "Greatest Jobs On Earth"!

Coaches always want extended with the good ol' "recruiting" excuse.

Coach to A.D. - "Look, I know I suck, but I can't get to "not suck" status unless I have at least 5 more years of Contract so I can look that recruit squarely in the eye". Hell of a country. Paid whether they suck at their job or not. Doesn't get any better than that folks.

Do you make you money based solely on the whims and performance of 17 to 22 year old kids? Didn't think so.
 
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