University of Iowa head men’s basketball coach Fran McCaffery has signed a one-year extension to his current contract.The agreement was announced by Gary Barta, the school's Director of Athletics, on Friday (November, 14, 2014).

McCaffery is now signed through the 2019-2020 season. His base salary for the 2014-15 season is $1.8 million, which reflects the previously agreed upon increase of $200,000 after coaching the Hawkeyes to the NCAA Tournament last spring. The amendment to the contract also outlines salary increases for continued success.

“Fran’s passion, commitment, and abilities, continue to move the Hawkeyes in the right direction,” Barta said. “I’m excited about this season and beyond.”

McCaffery has led the Hawkeyes back to national prominence, since taking control of the program in 2010,. In his first four years as Iowa's head coach, McCaffery has guided Iowa to three consecutive post-season tournaments (two NIT and one NCAA). During that span, the Hawkeyes have posted back-to-back 20-win and upper-division finishes in the Big Ten Conference.

McCaffery coached Iowa to the 2014 NCAA Tournament, becoming one of just 12 Division I head coaches to take four different programs to the NCAA Tournament.

“I am grateful to Gary Barta and President Sally Mason for their continued support,” McCaffery said. “It is a great honor to represent the University of Iowa and coach the young men in our program. We remain excited about the future of Iowa basketball.”

Iowa tipped off the 2014-15 season Friday night with a 90-56 win over Hampton in a 2K Classic Regional Round Game at Carver-Hawkeye Arena in Iowa City.