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Iowa, McCaffery agree to long-term contract

Iowa head coach Fran McCaffery signed a seven-year contract extension with the Hawkeyes worth a minimum average of $1.66 million per season.

McCaffery has raised expectations in Iowa City since replacing Todd Lickliter in 2010. The Hawkeyes reached the postseason in March, and McCaffery said the logical progression is to return to the NCAA Tournament in 2013 with a team that will be missing only two players from last season, supplemented by a top-20 ranked recruiting class.

"I think when you go to the NIT, win 18 games, the next progression is to win 20 or more," he said. "We want to be in the NCAAs every year."

McCaffery said he hopes to be coaching Iowa beyond his new seven-year contract. His compensation could balloon to $1.86 million per season.

"Two years into his tenure, I'm thrilled with where Fran is taking our program," said athletic director Gary Barta.