Kirk Ferentz signed a new contract extension with the Iowa Hawkeyes through 2015. According to the Des Moines Register, the money hasn't changed, but Ferentz has one new benefit added to the deal.
This new contract gives Kirk access to a private jet for recruiting and personal use, a jet that he can use for up to 35 hours annually.
“He’s earned that opportunity,” athletic director Gary Barta said. "Access to a plane provides a form of compensation that recognizes the extreme time demands placed on him throughout the year."
The DM Register also cites a 2006 USA Today article that said Oklahoma's Bob Stoops, Virginia's Al Groh, and Ohio State's Jim Tressel all have access to a private jet in the contracts as well.
Ferentz, who led the Hawks to an Outback Bowl victory last season against South Carolina, will earn an annual salary of $3.02 million
For more info...
http://www.desmoinesregister.com/article/20090720/SPORTS020502/90720012
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