BOISE, Idaho (AP) — Boise State coach Chris Petersen is poised to get a new five-year contract worth more than $8 million.
The new deal awaits approval Thursday by the Idaho State Board of Education.
University officials announced the new contract during the Fiesta Bowl in January, but specifics were released Monday.
Under the terms, Petersen will make $1.2 million in salary in 2010, plus a $200,000 bonus if he’s still coaching the Broncos on Feb. 1, 2011. He also qualifies for automatic one-year extensions with a $50,000 pay raise each time the Broncos win eight regular season games, something the team has done the last 11 years.
In four seasons, Petersen is 49-4 and has led the Broncos to three conference titles and two Fiesta Bowl wins.
