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Chris Petersen Contract: Boise State Announces 5-Year, $12 Million Extension

Boise State football head coach Chris Petersen officially received his new contract with the university on Wednesday afternoon. The State Board of Education needed to approve the contract, which it did, reports Chadd Cripe of the Idaho Statesman. He will now make a base salary of $2 million a year starting in the 2012-13 season and make $12 million over the course of a five-year deal. Petersen's assistant coaches received raises too.

Cripe tweeted a statement from Petersen:

Petersen: "I feel honored and blessed that I will continue to lead this FB team ... I’m excited about the continued growth of this program."

Petersen will be without star quarterback Kellen Moore and a host of other graduating seniors who won 50 career games at the college level over the last four years. But Petersen was able to keep the programming running strong when Jared Zabransky graduated years ago.

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