Thursday, January 5, 2012

Boise State Agrees to New Contract with Coach Chris Petersen

Football coach Chris Petersen has agreed to a new multi-year contract with Boise State, a deal that has been approved by the Idaho State Board of Education.  Petersen's salary will be brought in line with the average for Automatic Qualifying Conference schools, which Boise State will be beginning in the fall of 2013.

Petersen will make $2 million per year beginning February 1 and the contract includes an extension through Jnuary 31, 2017.  Details of the contract including current salary, royalty payments, deferred compensation and retirement benefits will be finalized in the coming weeks and will be considered next month by the State Board.  There are also new incentive bonuses for academic and athletic achievements and the buyout was increased to $750,000.
                "Chris Petersen's success in sustaining excellence in football at Boise State has created a unique opportunity for the University to achieve national attention as a school equally dedicated to academic excellence," Boise State President Dr. Bob Kustra stated.  "This has created opportunities for Boise State, its faculty, staff and students that deserves to be recognized and rewarded.  Chris is a national role model for football coaches across the nation and it is my fondest hope that he will provide that leadership from Boise State for years to come."

Petersen leads the nation with the best winning percentage (92.4%, a 73-6 record) since he took over in 206.  This past season, Boise State was 12-1, finishing with the best four-year record (50-3) since 1900.  Boise State and Ohio State are tied for the most BCS Top 10 finishes (6) in the last eight years.

                "I feel honored and blessed that I will continue to lead this football team," Petersen commented.  "I appreciate the support of the administration and Bronco Nation, and I'm excited about the continued growth of this program."
For the second straight year the Bronco football team posted the No. 2 ranking in the annual academic BCS standings.  Boise State has the best Academic Performance Rate (APR) in the nation over the last two years.  The Bronco team posted a perfect score of 1,000 in 2008-09 and 997 in 2009-10.

              "President Kustra, Curt Apsey (interim AD) and I have worked closely during this transitional period and agree that this new agreement reinforces Boise State's commitment to Coach Petersen," said incoming Director of Athletics Mark Coyle. "The academic and athletic successes of the program under Coach Petersen's leadership are recognized nationally and we are excited that he will continue to lead our football student-athletes."

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