Iowa
How much is Fran McCaffery’s contract buyout for Iowa basketball?
Video: Iowa’s Fran McCaffery after 82-65 loss at Ohio State
Iowa coach Fran McCaffery’s full press conference after an 82-65 loss at Ohio State on Jan. 27, 2025.
The grumbles are getting louder in the Iowa men’s basketball fan base about the direction of the program after the Hawkeyes’ 82-65 loss at Ohio State on Monday.
The Hawkeyes have been defeated in four consecutive road games by margins of 31, 10, 24 and 17 and dropped to 13-8 overall, 4-6 in Big Ten Conference play. They next host Purdue, one of the top teams in the league, on Feb. 4.What would the University of Iowa owe 15-year head coach Fran McCaffery if he is not retained through the end of his contract?
Here are the details:
How many years does Fran McCaffery have left on his contract? How much does the Iowa basketball coach make?
McCaffery’s most recent contract was signed on March 12, 2021, in the wake of Iowa getting a No. 2 seed in the NCAA Tournament, an agreement that extended his services through June 30, 2028.
If Iowa wanted to get out of the deal – termination without cause – it would owe McCaffery “60% of his base salary for each year (or portion thereof) remaining” in his contract.
The “base salary” is key language here, because while McCaffery’s total compensation for the university for the 2024-25 season is $3.4 million, only $2,050,000 of that is considered “base salary.” McCaffery is due an additional $900,000 for this contract year for public-speaking appearances, fund-raising and camps; he gets $300,000 for television and radio appearances (half of which is paid by Learfield Communications); and $150,000 from Nike for apparel/shoes (paid by Nike but guaranteed income).
What is Fran McCaffery’s buyout?
McCaffery’s base salary for the three years remaining on his contract (after the current one) are $2,100,000 for 2025-26; $2,150,000 for 2026-27; and $2,250,000 for 2027-28. Taking 60% of that total equals $3.9 million.
If Iowa were to terminate McCaffery on, say, April 1, he would also be owed 60% of his base salary for the remaining three months of this contract year (through June 30) – which computes to $307,500.
Thus, McCaffery’s buyout would be roughly $4.2 million if he were fired around April 1. Add a few thousand bucks if such a move was executed earlier in March. Iowa’s final regular-season game is March 9. The Big Ten Tournament runs March 12-16 in Indianapolis.
Also, according to McCaffery’s contract terms, Iowa could pay the buyout over the course of 36 months, meaning on average it would cost the university athletics department about $1.4 million per year for three years to move on from McCaffery.
Fran McCaffery contract with University of Iowa
TAMA COUNTY, Iowa — A pair of power outages left more than 700 people without power in Tama County Friday afternoon.
Alliant Energy says the larger outage, just north of Garwin, was caused by a semi-truck striking one of their power poles. That outages impacted 690 customers as of 5 p.m. Friday.
The smaller outage impacted roughly 36 people in Tama. The outage was caused by equipment needing repairs.
Alliant says crews are on site and working to fix both outages.
SPIRIT LAKE, Iowa (KTIV) – The Iowa Great Lakes community is remembering Leo “Butch” Parks, a longtime lakes-area businessman and founder of Parks Marina.
He died Tuesday, Jan. 6, at the age of 81.
Parks established the marina on East Lake Okoboji in 1983, growing it from a small fishing boat operation into a business with marinas, sales, service, rentals, storage, and popular destinations like the Barefoot Bar.
Parks and his wife, Debbie, also owned Okoboji Boat Works for 23 years.
Funeral services are set for Friday, Jan. 16, at St. Mary’s Catholic Church in Spirit Lake. It will be followed by a celebration of life at Snapper’s restaurant in Okoboji that evening.
Want to get the latest news and weather from Siouxland’s News Source? Follow these links to download our KTIV News app and our First Alert Weather app.
Copyright 2026 KTIV. All rights reserved.
Iowa
Iowa woman accused of pandering for prostitution and harassment after incidents at Casey’s and a daycare
AURELIA, Iowa (KTIV) – A Northwest Iowa woman is facing charges of harassment and pandering for prostitution after two incidents took place in December 2025.
Forty-seven-year-old Kristal Miller of Odebolt was taken into custody on an arrest warrant and faces three charges: one count of pandering for prostitution and two counts of first-degree harassment, according to court documents.
The charges stem from two separate incidents that took place on Thursday, Dec. 18. 2025.
According to court documents, at 6:15 a.m., Miller reportedly went to the Casey’s General Store, located at 100 Pearl St. in Aurelia. Documents state Miller approached an employee and customers, requesting money from them.
Authorities state Miller claimed she was wanted by the FBI and told people, if anyone called the police, “she would kill them.”
During this encounter, she also allegedly asked an employee to remove the string from her hooded sweatshirt. Documents state when the employee refused this request, she threatened to strangle them.
That same day at 7 a.m., Miller reportedly approached a female employee outside an Aurelia daycare and asked them for money.
Court documents stated Miller suggested the unnamed employee leave her boyfriend. Miller reportedly told the employee, if she did, then she and Miller would both be paid.
Authorities say when she was told no by the employee, Miller became upset and started yelling at them.
Miller also allegedly threatened to “steal her car” and ”take her away to her guys to start a new life.”
She was booked into the Cherokee County Jail on a cash-only bond of $5,000. A preliminary hearing has been scheduled in Cherokee for Friday, Jan. 9, at 10 a.m.
Want to get the latest news and weather from Siouxland’s News Source? Follow these links to download our KTIV News app and our First Alert Weather app.
Copyright 2026 KTIV. All rights reserved.
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