According to Anbender, Ferentz’s buyout is equal to $6 million per year for the duration of his contract. Since Ferentz has eight years remaining on his deal with the Hawkeyes, that means that if Iowa were to fire Ferentz today, they would still owe him a mindblowing $48 million.
If that seems like a massive number for a head coach who hasn’t won a conference title since 2004 and has just a .582 winning percentage in Big Ten play, you are not alone.
If that seems like a massive number for a head coach who hasn’t won a conference title since 2004 and has just a .582 winning percentage in Big Ten play, you are not alone.