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Chris Petersen Contract Extension: Boise State Gives Head Coach New Five-Year Deal

The Boise State Broncos have agreed to a five-year contract with football coach Chris Petersen, according to Chadd Cripe of the Idaho Statesman. The contract will pay the head coach of the school's football team more than $2 million annually.

Petersen has led Boise State to a stunning 73-6 record in six years at the helm, including a victory at the 2010 Fiesta Bowl. After originally being hired in 2006, he's received new contracts in 2007, 2010 and now 2012. Other big-name schools with coaching vacancies have been tied to Petersen, with the most recent being Penn State, but Boise State has been aggressive in trying to retain its coach.

The State Board of Education still needs to approve the contract, which will be considered during a special meeting on Wednesday. The full contract will be submitted for approval in February, and it will provide Petersen with a substantial raise over his current salary.

To read more on Penn State's previously reported interest in Petersen, click here. For more on the Broncos, visit Boise State blog, One Bronco Nation Under God. Check out SB Nation NCAA Football for more on college football.