Found September 01, 2013 on Online Sports Guys:
PLAYERS: Kirk Ferentz
TEAMS: Iowa Hawkeyes
((HT: WHO-TV)) Because he has a four-million dollar per year deal that has him coaching through 2020 Kirk Ferentz has a contract through January 31, 2020, that pays him between $1.87M and $2.07M per season in base salary, plus another $1.48M per season in "recurring supplemental payments." He also gets a "longevity bonus" which requires Iowa AD Gary Barta pay him between $325,000 and $575,000 on an escalating scale throughout the balance of his deal... In the year 2020... The buyout clause in Kirk Ferentz's contract mandates that Barta pay him 75% of his base salary if he is terminated without cause- $219,142 per month until the contract ends in January 2020. He is the state's highest paid employee, making $1.4 million more than the University of Iowa Hospitals and Clinics director Jean Robillard. Oh, Iowa lost to Northern Illinois yesterday... Here's the highlights... So, why is Kirk Ferentz still employed...??? He's...
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