Ferentz signs contract extension

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IOWA CITY (MCT) — Kirk Ferentz and the University of Iowa agreed on a contract extension in February. The goal was to have it signed before the 2009 season started.

With Iowa’s fall camp opening Aug. 5, the deal was signed last week and the UI announced it Monday.

Ferentz will continue to receive $3.02 million in annual salary. The big tweak is access to a private plane for up to 35 hours of personal use annually. The cost of this perk could be as much as $85,000, the UI estimated.

The UI athletics department will pay for it with contributions from the national I-Club.

“Kirk is well paid and he agrees and is grateful for that,” UI athletics director Gary Barta said. “He hasn’t had a raise in three years, but what we did talk about was the addition of access to an airplane.”

In the contract he signed in 2008, Ohio State Coach Jim Tressel is allowed to use the OSU jet for 20 hours a year.

“Just with the craziness of the 24-7 nature of the job, it just helps ease that a little bit,” Barta said. “When we ask him to be several places over the period of a few weeks, when he does need some personal time, some vacation time, he does have access to an airplane.

“In lieu of a raise, we put this together, something that a lot of schools or professional teams have.”

Ferentz’s contract will keep him second among Big Ten coaches in salary. Only Tressel earns more at $3.5 million a season.

The contract runs through the 2015 season, which would be Ferentz’s 17th season as head coach and 27th overall at the University of Iowa. Ferentz spent nine seasons as offensive line coach for Hayden Fry before replacing Fry in December
1998.

Ferentz will begin his 11th season as Iowa’s head coach Sept. 5 against Northern Iowa. He has a 70-53 record at Iowa.

When Ferentz signed on as Iowa’s coach Dec. 2, 1998, he coached 20 games without having a signed contract.

The hold up then was ‘separation language.’ This time, it was simply time.

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