January 31, 2013
Don't plan any retirement parties for Bill Snyder. Kansas State Athletic Director John Currie released a statement today, saying Snyder has agreed to a new contract to remain as KSU's head football coach.
A portion of Currie's statement;
" I first want to share the very exciting news that later this morning we will be announcing that Coach Snyder has signed a new five-year contract that will solidify his services through the 2017 season. The new contract, which has an automatic rollover provision after the completion of each season mirroring the agreement signed in 2009, increases Coach's compensation to $2.75 million for the 2013 season, while annual increases of $100,000 will bring the five-year total to $14.75 million through the 2017 season. The new deal has been approved by the K-State Athletics, Inc., Board of Directors and President Kirk Schulz."
Snyder led the Wildcats to a Big 12 title and berth in the Fiesta Bowl this season.