Kirk Ferentz contract at Iowa

Kirk Ferentz Photo Credit: AP

Base compensation

• 2017 guaranteed pay: $4,600,000
• Total contract pay: $49,500,000
• Contract length: 10 years
• Start date: 2/1/2016
• Expires: 1/31/2026

Incentives

• Retention bonus: $650,000 annually if still employed on January 31
• National title bonus: $1,500,000
• CFP semifinal win: $500,000
• CFP semifinal appearance: $375,000
• Conference title bonus: $200,000 for appearing or $250,000 for winning
• Conference regular season division title bonus: $100,000
• Misc athletic-based incentives: $500,000 for 8 wins;
• Coach of the year award bonus: $50,000 for conference coach of year; $100,000 for national coach of year
• National poll bonus: $350,000 for final ranking in top 5; $250,000 for top 10; $175,000 for top 15; $150,000 for top 20; $125,000 for top 25.
• Academic bonuses: $100,000 for graduation rate of 80%.
• Car: two cars and university pays insurance
• Tickets: 20 tickets and one box
• Golf/country club: family membership at University Club.
• Private jet use: 35 hours of private use and 50 hours or work use of a private jet with two pilots

Other Perks

• Miscellaneous perks: six guests and spouse can travel to road games.

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