In 2010 when Iowa won the Orange Bowl, Coach Ferentz was rewarded, rightfully so, with a healthy long term contract, for which it rewarded the coach for doing his job. Iowa’s athletic director felt this was a fair contract that set the stage of direction for which Iowa’s program was headed. However, since then, times at Iowa football are not as good. This would be a good time to reopen Ferentz’s contract. Iowa’s athletic director needs to add a few “decentive clauses” to this contract, not changing his base pay, but by adding these “decentive clauses”:
For every loss to a non-BCS school, a $500,000 deduction.
For every loss to Iowa State or its replacement, a $250,000 deduction.
For every loss in the Big Ten, a $300,000 deduction.
Not winning your division, a $100,000 deduction.
For a coach only winning four games with these deductions it seems fair the coach should only get paid about $1,150,000 for 2012, that’s an average of a little more than $250,000 a win, with this new incentive package perhaps we could get a better coaching staff.
Hopefully soon the Hawks will take flight again, but for now they are grounded. Thank you, coach, for those good years and a BCS victory you earned that contract. Now, it’s time to give some of it back.
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