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Iowa Hawkeyes extending men's basketball coach Fran McCaffery's contract through 2028

IOWA CITY, Iowa -- Hawkeyes coach Fran McCaffery signed a four-year contract extension through 2027-28 on Monday after leading the eighth-ranked Hawkeyes to the Big Ten tournament semifinals and their highest NCAA tournament seeding since 1987.

The Hawkeyes are 21-8 and finished third in the Big Ten regular season at 14-6. They've been ranked in the top 15 every week this season and peaked at No. 5 last week. The team is a No. 2 seed in the NCAA tournament and will play Grand Canyon on Friday in Indianapolis.

McCaffery's annual base salary of $2.