Matt Campbell and Iowa State have agreed to a six-year extension worth $22.5 million.
The contract will take effect immediately, which means the coach — who will be 38 on Wednesday — will see his annual salary increase from $2.1 million to $3.5 million. Athletic director Jamie Pollard also agreed to provide Campbell with an additional $1 million for incremental raises for his staff.
“I want to thank Jamie for respecting my desire to hold off these conversations until our regular season ended and also for being proactive in supporting the needs of my staff and team as we build a legacy at Iowa State,” Campbell said in a statement. “The commitment that he and Iowa State have made to us – including some exciting facility enhancements on the horizon – has been critical to my vision for our team going forward.”
In his second season with the Cyclones, Campbell led the team to a 7-5 record overall and 5-4 in Big 12 conference play, including wins over Oklahoma and TCU — who were both in the top five of the polls at the time, and who will meet in the conference championship game this weekend.
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“I want to thank Jamie for respecting my desire to hold off these conversations until our regular season ended and also for being proactive in supporting the needs of my staff and team as we build a legacy at Iowa State,” Campbell said in a statement. “The commitment that he and Iowa State have made to us – including some exciting facility enhancements on the horizon – has been critical to my vision for our team going forward.”
Iowa State is bowl eligible for the first time since 2012, and will find out where it will spend the playoffs on Sunday.
AMES, IA – OCTOBER 28: Head coach Matt Campbell of the Iowa State Cyclones coaches from the sidelines in the first half of play at Jack Trice Stadium on October 28, 2017 in Ames, Iowa. (Photo by David Purdy/Getty Images)
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