Iowa athletics director Gary Barta told the Register that those staggering numbers are mostly accounted for in current and future budgets. The 19th-year Iowa coach collected $260,000 in performance bonuses, the final $25,000 coming into the fold with Saturday’s announcement that she was the Naismith National Coach of the Year. Barta said women’s basketball bonus pay was an area “that maybe wasn’t budgeted,” but it should be noted that Iowa had strong attendance figures that should help the bottom line. Those numbers are included here, as well. Iowa averaged 6,797 fans in its 17 home games, a 24.7% increase from last season. In men’s basketball, Fran McCaffery’s total contract value shot up by $2.15 million as a result of the Hawkeyes' 23-12 season. Kirk Ferentz, under the terms of a contract extension he signed in September 2016, pocketed $825,000 in performance bonuses for Iowa’s Outback Bowl-winning season. But under the terms of a contract extension he signed in November 2017, the Hawkeyes’ qualification for the NCAA Tournament triggered a new pay schedule over the life of McCaffery’s contract that begins with a $400,000 raise next season, rather than the scheduled $50,000 bump. Meanwhile, women’s basketball coach Lisa Bluder topped $1 million in total pay after a wildly successful season for the Megan Gustafson-led Hawkeyes. Under the terms of Ferentz’s deal, his entire football staff — from strength and conditioning coach Chris Doyle to the equipment manager to secretaries — will share more than $1 million in bonus pay. What the Hawkeyes' success means for coaching pay, $814,000 for reaching a bowl game with a $3 million-plus payout (Outback Bowl), equivalent to 1.75 months' salary. Additionally, Iowa’s run to the Elite Eight was worth a 15% raise for Bluder — elevating her base pay to $653,531 next season, an $85,243 increase. But under the terms of a contract extension he signed in November 2017, the Hawkeyes’ qualification for the NCAA Tournament triggered a new pay schedule over the life of McCaffery’s contract that begins with a $400,000 raise next season, rather than the scheduled $50,000 … Matt Campbell, who has been Iowa State University’s head football coach since Nov. 29, 2015, more than doubled his total pay from $1.25 million his first full year to $2.65 million last year. But so is Iowa athletics' annual operating revenue, which was $137.1 million during the 2017-18 school year, according to the school's January filings with the NCAA. A 10% increase in assistant-coach pay was triggered under the terms of head coach Kirk Ferentz's contract after the 2018 Hawkeyes achieved a final top-25 … “She doesn’t technically have a lifetime contract, but I anticipate — and I hope it works out — that she’ll end up retiring at Iowa.”.
“But looking back, it’s been a heck of a year.
18 nationally in USA TODAY Sports’ most recent database for the 2016-17 school year, with $130.7 million in revenue, but that was before an eight-figure annual boost in media-rights distributions that will help Iowa absorb the additional bonuses and pay raises. McCaffery's base pay goes up 17.4% next season by reaching the NCAA Tournament, instead of 2.2% if he had not. Additionally, Ferentz increased his fired-without-cause buyout by $2.275 million (to a total of $19.8 million for the final seven years of his contract, which expires Jan. 31, 2026) once the Hawkeyes beat Illinois on Nov. 17. Subscribe to the Register. Only four FBS programs nationally won a football bowl game and won an NCAA Tournament game in men’s and women’s basketball: Baylor, Kentucky, Oregon — and Iowa.
The Register's Chad Leistikow, in conjunction with USA TODAY's Steve Berkowitz, took a closer look at the current-year bonuses and future obligations for the Iowa athletics department. Iowa ranked No. $25,000, national coach of the year (Naismith). “If they wouldn’t have occurred, we would have invested some of that money elsewhere. A more detailed look at the numbers is attached to this story. A big budget bite comes from the Hawkeyes playing in a bowl game with a $3 million-plus payout — which triggered a bonus pool of $814,000 (1.75 months' salary) to be distributed to the 10 on-field assistants, two strength coaches and the director of operations. Four supplemental payments of $370,000 each, $50,000, 65% win rate or better (29-7 record, 80.6%). More:Iowa State coaches' bowl and basketball postseason bonus windfall is more than $300,000.
Serious about sports? For the year, his total pay reached $5.525 million, the highest of his 20-year tenure. The ninth-year Iowa coach will likely push $2.5 million in pay this season after his final bonuses are calculated.
Men’s and women’s basketball — Lisa had incredible success; Fran brought us back to the tournament and was a breath away from the Sweet 16.”. Iowa football strength and conditioning coach Chris Doyle and defensive coordinator Phil Parker have reached the $800,000 mark in annual base pay, according to documents obtained by the Des Moines Register through an open-records request. “I view (Bluder) very similar to the way I view Kirk in terms of longevity,” Barta said. (*—Does not include up to $100,000 in academic incentives, to be determined this spring; McCaffery earned $75,000 in this category last year. We may have to come up with a little more, though, just because of some really great success. In that sense, Barta said, many different outcomes are planned for and (mostly) accounted for. “So, it’s not like we have to find all new (money).
Football wins a bowl game and wins nine games. Overall, the dollar figures are substantial. Despite those criticisms, Ferentz’s standing among coaches nationally on a pure salary basis has fallen. All rights reserved.
But let’s quickly examine some of the big-picture achievements and resulting contract payouts that happened. $1,093,288 total pay for 2018-19 season — Includes a $150,000 longevity bonus to be paid June 30 and $115,000 from shoes/apparel/camps. But Iowa’s 9-4 football season really paid off for the Hawkeye assistants. So are we.
Ferentz's contract is unusual, in that his head-coaching contract folds in assistant-coach/staff bonus money and annual pay raises based on performance and are doled out at his discretion, with athletic director approval. Iowa’s Big Ten Conference tournament win plus an NCAA Tournament berth each triggered a one-year contract rollover; a two-year extension that takes her deal through the 2024-25 season. So, the Hawkeyes’ athletics department finds itself in unique company. McCaffery’s, for example, would have been $9 million had Barta chosen to fire him without cause.
“We do create a pretty strong bonus budget, anticipating a lot of those successes to occur,” Barta said. The athletics department will end up paying out more than $2.2 million in performance bonuses to coaches after the football, men’s basketball and women’s basketball teams experienced impressive, collective success. Not far, to be sure, but a year ago , KF boasted an annual salary of $4.7 million. The University of Iowa’s year of success in its big-ticket sports came with a cost.
$1,024,000 in bonus pay for assistant coaches/staff, $5,525,000 in total pay for Ferentz alone in 2018-19. One last thing: If these bonuses and raises hadn’t been achieved, we might be talking about the university trying to find millions of dollars in its athletics budget for a coaching buyout instead.
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