Tag:Chris Petersen Raise
Posted on: January 3, 2012 10:48 pm
Edited on: January 3, 2012 10:51 pm
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Boise State, Petersen agree to new 5-year deal

Posted by Chip Patterson

After turning down potential opportunities with many of BCS programs across the nation, Boise State head coach Chris Petersen has officially reaffirmed his commitment to the Broncos with a new contract.

Chad Cripe, of the Idaho Statesman, reported Tuesday that Petersen and Boise State have agreed to a new five-year deal that will pay him "at least $2 million per year."

Petersen currently has a five-year, rolling contract that provides a $100,000 raise each season. He is scheduled to make $1.625 million in 2012 under his current deal, which was recently improved in October 2011.

The Statesman report states that the Idaho State Board of Education will consider the $375,000 salary increase during an emergency meeting on Wednesday. The final details will not be official until the next regularly scheduled meeting - set for Feb. 15-16 of this year.

Petersen received new deals in 2007, 2010, and now 2012 after replacing Dan Hawkins in 2006. While the new deal will feature a significant salary increase, it might set a firm end date to a contract that was previously extended one year every time the Broncos won at least eight games.

The Broncos' head coach was the top choice for many schools with coaching vacancies this offseason, but never showed any legitimate interest in leaving Boise. All contact was simply speculation, and Petersen's camp spent more time denying hopeful rumors of others than confirming any conversations.

The new deal increases the chances that Chris Petersen will see the Boise State football program through their transition into the Big East conference, set to occur before the 2013 season. The Broncos have had BCS dreams crushed by missed field goals in the last two seasons, and Petersen will at least have one chance to win his conference for a BCS bid.

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