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
Iowa
Iowa Lottery Mega Millions, Pick 3 Midday results for May 8, 2026
The Iowa Lottery offers several draw games for those aiming to win big with rewards ranging from $1,000 to millions. The most an Iowan has ever won from playing the lottery was $343 million in 2018 off the Powerball.
Don’t miss out on the winnings. Here’s a look at Friday, May 8, 2026, winning numbers for each game:
Winning Mega Millions numbers from May 8 drawing
37-47-49-51-58, Mega Ball: 16
Check Mega Millions payouts and previous drawings here.
Winning Pick-3 numbers from May 8 drawing
Midday: 0-5-8
Evening: 9-9-2
Check Pick-3 payouts and previous drawings here.
Winning Pick-4 numbers from May 8 drawing
Midday: 0-2-7-3
Evening: 0-7-0-6
Check Pick-4 payouts and previous drawings here.
Winning Millionaire for Life numbers from May 8 drawing
14-16-21-43-51, Bonus: 03
Check Millionaire for Life payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
When are the Iowa Lottery drawings held?
- Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
- Mega Millions: 10:00 p.m. CT on Tuesday and Friday.
- Lotto America: 9:15 p.m. CT on Monday, Wednesday, and Saturday.
- Lucky for Life: 9:38 p.m. CT daily.
- Pick 3 (Day): 12:20 p.m. CT daily.
- Pick 3 (Evening): 10:00 p.m. CT daily.
- Pick 4 (Day): 12:20 p.m. CT daily.
- Pick 4 (Evening): 10:00 p.m. CT daily.
- Millionaire for Life: 10:15 p.m. CT daily.
This results page was generated automatically using information from TinBu and a template written and reviewed by an Iowa editor. You can send feedback using this form.
Iowa
Iowa SNAP restrictions raise concerns over confusion, impact on summer food aid
IOWA — Iowa’s new restrictions on SNAP benefits are drawing concern from advocates who say the changes could make it harder for families to buy food and could put future summer assistance for children at risk.
The state’s SNAP waiver took effect January 1, 2026, limiting what items can be purchased based on Iowa’s taxable food list. While that includes widely discussed restrictions on soda and candy, the policy also affects certain prepared foods, creating confusion for shoppers.
“Something as small as whether or not a utensil is included in a food item actually impacts whether or not you can continue to purchase that item using your SNAP benefits,” Paige Chickering, Iowa State Manager for the Save the Children Action Network, said.
Advocates say the rules can be difficult to navigate, especially for people relying on quick meals. Items like prepackaged salads or sandwiches may or may not qualify depending on how they are packaged.
At the same time, new legislation slated for the next session at the statehouse could make those restrictions more permanent by requiring Iowa to continue seeking federal approval for the waiver.
That’s raising additional concerns about the future of Summer EBT, also known as “Sun Bucks,” which provides food assistance to children when school is out.
“This makes that food assistance dependent on a decision made in Washington, D.C. that is just arbitrary and not really dependent on the needs of Iowans and Iowa children,” Chickering said.
The program is expected to help around 220,000 children in Iowa during the summer months. Advocates worry leaving it up to federal approval of the waiver could jeopardize that support if policies change. They also point out that SNAP plays a major role in addressing hunger compared to other resources.
“We know that for every one meal provided by an emergency feeding organization, SNAP provides nine,” Chickering said.
Advocates say they support improving nutrition but argue there are more effective, evidence based ways to do that without limiting food choices.
For now, organizations across Iowa are working to help families understand the new rules, while also pushing lawmakers to reconsider how the policy could impact food access moving forward.
Iowa
Harkin backs Turek for Iowa Senate
Scoop: Iowa Democratic state Rep. Josh Turek snagged a major endorsement for his Senate bid from former Sen. Tom Harkin.
Harkin, who retired in 2015, was the last Democrat to represent Iowa in the Senate. Turek is locked in a competitive primary with state Sen. Zach Wahls in a race that has divided major factions of the Democratic Party.
“I have a pretty good idea of what it takes to win an election, and then to faithfully represent all Iowans, not just those who voted for you,” Harkin said in his endorsement. “That’s why I’m supporting Josh Turek.”
Harkin served in the Senate for 30 years and is the author of the Americans with Disabilities Act. Turek, who was born with spina bifida and uses a wheelchair, was 11 when the ADA was enacted.
Harkin is a widely sought after endorsement in the Hawkeye State. His decision to wade into the race is notable because Harkin also has a relationship with Wahls.
Wahls called Harkin “one of my closest political mentors,” and said the former senator officiated his wedding in 2021.
Iowa’s Senate primaries are June 2.
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