Iowa's Ferentz signs one-year contract extension
February 22, 2008
NORMAN, Okla. (AP) – Oklahoma football coach Bob Stoops is on track to earn $6 million this year, including a $3 million bonus on Dec. 31 for coaching at the university for 10 seasons.
Details of his contract, including the $3 million "stay bonus," were also reported when the university regents approved the pay plan in June.
"People may question why we do certain things," Castiglione said. "But we can measure his impact, not just with success on the field, but the way our team generates interest and excitement because of the leadership of the head coach. He positively affects so many elements of the athletic program, campus community and the state you could talk about it from the infusion of excitement to the economic impact.
"Bob Stoops is worth every penny and always has been and always will be."
The year before Stoops arrived in Norman, OU generated $26.1 million in athletic revenues, according to figures provided by the school. In 2006-07 Stoops' eighth season at OU the athletic department generated $66.3 million in revenues, with football directly accounting for $28.5 million.
"The people who are generating the revenue, why on Earth wouldn't they share in it? Because without them, we wouldn't have any of it," Castiglione said.
• Iowa football coach Kirk Ferentz has been given a one-year contract extension. The agreement, which will not include a raise or any other changes to his current deal, will keep Ferentz signed through June 2013. He has an average annual salary of $2.84 million. Ferentz is 61-49 in nine seasons with the Hawkeyes.
SEARCH NEILCORNRICH.COM
Tuesday, February 26, 2008
Popular Posts
-
By Austin Belisle September 14, 2017 Duct tape may prove a quick fix for leaky pipes, but as every DIY repairman knows, a patchwork ...
-
By Matthew Coller September 27, 2017 After spending big in free agency and spending their top two draft picks on offense, the Minneso...
-
By BILL REITER March 6, 2010 CLEVELAND | The Mercedes S550 pulls up to the hotel silver and sleek and shining with the gleam of money and po...
-
September 11, 2017 By Kyle Ratke A day before facing off against the New Orleans Saints to kick off the 2017 season the Minnesota Vik...
-
From Peter King's "Ten Things I Think I Think" February 15, 2010 6. I think these are the five unrestricted free agents who co...
-
By ALBERT BREER February 04, 2019 3. Patriots pass rusher Trey Flowers—who rapped with Meek Mill on stage at the Super...
-
By Steve Berkowitz January 19, 2011 College football still loses marquee coaches such as Jim Harbaugh to the NFL. But it increasingly is bec...
-
Ex-players like Jake Coker, who led the Crimson Tide to a national championship three years ago, join others who sell policies By ...
-
The Patriots signed defensive tackle Markus Kuhn to a one-year contract in April. The Associated Press By Rich Garven August 23, 2016...
-
From Nate Davis' "Joe Flacco an overachieving headliner on '09 All-Joe Team" January 27, 2010 THE 2009 ALL-JOE TEAM OFFENS...