Steve Prohm's contract extension includes $325,000 raise

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Steve Prohm addresses rumors that he may be a candidate at Alabama.
Tommy Birch, tbirch@dmreg.com

The contract extension Iowa State basketball coach Steve Prohm received last month includes a raise of $325,000, according to an amendment to the contract The Des Moines Register received through an open-records request.

The new amendment states Prohm will receive $2,375,000 for the 2019-20 season, up from the $2,050,000 he earned last season. The new amendment also calls for Prohm’s compensation to be bumped up $50,000 annually, starting on July 1, 2020.

If Prohm is fired without cause, he will receive half of the total compensation remaining over the balance of the contract. That part of the agreement didn’t change.

Four days after Iowa State’s loss against Ohio State in the first round of the NCAA Tournament, Iowa State announced a three-year contract extension for Prohm through June 30, 2025.

“It was important to (Iowa State President) Dr. Wendy Wintersteen, Coach (Steve) Prohm and me that we sent a message to our student-athletes, future recruits and fans that there is a strong mutual desire for Steve to be our men’s basketball coach,” athletics director Jamie Pollard said in the March extension statement. “He is a terrific coach for Iowa State, because he is successful, fits our department culture and exhibits great integrity, kindness and humility.”

Iowa State finished 23-12 and won the Big 12 Conference Tournament last season. Published reports out of Alabama on the day before the Cyclones’ NCAA Tournament appearance mentioned that Prohm could be a leading candidate to replace former Crimson Tide coach Avery Johnson. Prohm is an Alabama graduate and a former team manager.

“There’s nothing to say,” Prohm said outside the locker room after the one-and-done NCAA trip. I want to be the best coach at Iowa State. That’s it. (Pollard) … he knows that.

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“I love this job. I’m blessed to be the head coach here, first and foremost. I love Ames. There is no story. I’m trying to be the best coach at Iowa State — see if I can be here a long, long time.

“There’s nothing more to it.”

Source: Des Moines Register