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Iowa Basketball Coach Fran McCaffery signs new deal
Posted: 07.10.2012 at 1:06 PM
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(AP) -- Iowa coach Fran McCaffery has signed a new seven-year deal to remain with the Hawkeyes.

Iowa athletic director Gary Barta said Tuesday that McCaffery will be paid at least $1.66 million a year with a base salary of $1.3 million starting next season.

McCaffery could make up to $1.86 million per season if the Hawkeyes reach the NCAA tournament.

McCaffery left Siena to join the Hawkeyes before the 2010 season.

His original contract was for six years and started at roughly $1.1 million per year.

Iowa won 18 games and reached the NIT in 2011-12.

The Hawkeyes return three starters next season and bring in a freshman class featuring prized recruits Adam Woodbury and Mike Gesell.

(Copyright ©2012 by The Associated Press. All Rights Reserved.)

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