BLOOMINGTON, Ind. — The Indiana Hoosiers’ head coach, Curt Cignetti, has received a substantial new contract following a remarkable season, with details of an eight-year agreement worth an average of $8 million per year disclosed by university officials on Saturday. This contract is set to extend through the year 2032 and includes an additional retention bonus of $1 million.

The announcement coincides with the Hoosiers’ second bye week of the season. Under Cignetti’s guidance, currently ranked No. 5, the team boasts an impressive record of 10-0, marking the first time in the university’s history that they have achieved double-digit wins in a single season. Their position in the College Football Playoff committee rankings suggests they could have the opportunity to host a playoff game.

This season has witnessed some outstanding achievements for the Hoosiers, including their most significant victory margin to date and matching the widest margin of victory in a Big Ten game this season, thanks to Cignetti’s leadership in his inaugural year. At the age of 60, he has already led the Hoosiers to more wins this season than the total number of games won in the previous three seasons combined, which stood at nine. The Hoosiers are also on the brink of contending for their first Big Ten championship title since 1967.

Next weekend, Indiana will face the daunting challenge of visiting No. 2 Ohio State, a location where they have not secured a victory since 1998. The anticipation of this matchup adds to the excitement surrounding the team’s historic season.