Iowa St releases details of Rhoads’s contract

Iowa State has released the details of its 10-year, $20 million
contract extension with coach Paul Rhoads.

The deal, which includes a number of incentives for Rhoads, was
released Wednesday to The Associated Press.

Rhoads will earn a base salary of $1.6 million, which increases
by $100,000 each year starting in 2013. Rhoads is also due one-time
payments of $300,000 in 2015 and 2018.

Rhoads will earn $200,000 for each year the Cyclones win seven
or more regular-season games, $100,000 for reaching a bowl game and
if the Cyclones finish in the Top 25.

Rhoads is due $250,000 if Iowa State ties or wins the Big 12’s
regular season title.

Rhoads would owe Iowa State $1 million if he leaves for another
Division I or NFL head coaching job.