The last line is pretty funny---from Cityview:
It turns out that that $3.02 million Kirk Ferentz is getting annually — and the 35 hours of jet time — is just part of his deal to coach football at the University of Iowa. If Iowa finishes in the top 25 football teams, he gets another $100,000 — and the figure goes up the higher the team finishes. He gets $175,000 if he’s undefeated in the Big 10 or wins the conference title, and he gets $100,000 if he shares the title. He gets anywhere from $25,000 to $175,000 for going to a bowl game — it depends on the bowl — and $25,000 if he’s Big Ten Coach of the Year. Throw in another $50,000 if he’s National Coach of the Year or if he wins any of 15 or more coaching awards. Finally, he gets $75,000 if the annual graduation rate of his players is over 70 percent. He and his wife each get a car (with insurance), too, and, of course, lots of football tickets for their friends.
Still, it can be tough to make ends meet on this — Iowa City can be an expensive place to live — so the university “will make a good faith effort to negotiate a reduced-rate membership at University Athletic Club for head coach, coaching staff, and families.â€
The dues at the University Athletic Club are $84 a month. ...
Cityview Online (Civic Skinny)