major college and NFL teams have considered Ferentz as a candidate for their head coaching jobs. However, Ferentz has publicly declined any interest in other coaching positions, opting to stay at Iowa. On February 12, 2009, Ferentz and Iowa athletics director Gary Barta agreed to a new contract extension that keeps Ferentz at Iowa until 2020. On January 2, 2006 the head coaches of five NFL teams, Green Bay, St. Louis, Houston, New Orleans, and Minnesota, were fired. There was renewed speculation that Ferentz would be offered a head coaching job with one of those professional franchises. But such speculation was soon put to rest when Ferentz stated that he was still happy with his job at Iowa, and that he had no plans to leave. On June 2, 2006, Ferentz became the highest paid coach in the Big Ten and third highest in college football when he was given a restructured contract that boosted his annual salary to $2.7 million. Following the 2006 NFL season, rumors circulated that Ferentz may have been in consideration for the Pittsburgh Steelers' head coaching job after Bill Cowher stepped down. However, before Cowher's departure, Ferentz was asked about his possible interest in the position, and stated: "I know that staff pretty well and they've got some good guys in that building. My guess is that's where they would go. But I'm not interested, and I doubt they are, either. I've got a great job right here." The Steelers job eventually went to Mike Tomlin. In 2008, Ferentz was again rumored to be a candidate for an NFL head coaching job, particularly as successor to Romeo Crennel for the Cleveland Browns. In January 2009, rumors surfaced citing Ferentz as a potential candidate to be hired as head coach in place of Herman Edwards soon after the hiring of former New England Patriots VP of Player Personnel Scott Pioli as the new GM of the Kansas City Chiefs. However, the Chiefs eventually hired Todd Haley, and Ferentz received a contract extension to remain at Iowa through 2020. In December 2011, rumors again surfaced citing Ferentz as a potential candidate to replace Haley. Similar rumors surfaced a year later in December 2012. Ferentz has said that there was no reason to leave Iowa as Iowa has everything he needed. In 2016 he signed an extension through the 2026 season. He is currently the 18th highest-paid coach