Rutgers coach Kyle Flood receives 2-year contract extension

Rutgers athletic director Julie Hermann must have a lot of confidence heading into a very important game this weekend.

The athletic department announced today that head football coach Kyle Flood will receive a 2-year contract extension through January 2019 with a salary increase. Flood currently sits at 17-10 overall with the Scarlet Knights, two straight bowl appearances, and a top 10 APR ranking for the football program. He was named 2012 Big East coach of the year in his first season on the banks, and helped land the highest rated recruiting class in school history (albeit with a lot of help from Greg Schiano).

This is quite a shock heading into a game that is certainly no gimme in front of a primetime national audience. President Barchi weighed in on the situation, stating that Flood "exemplifies our university's standards and values both on and off the field." The timing of this extension is odd, to say the least. A win against regional foe like Penn State would definitely show pundits that giving Flood an extension was a good call, but a loss will deem this move a headscratcher, at best.

According to ESPN's Joe Schad, Flood's contract will range between $950,000 to $1.55 million, while his buyout increases from $700,000 to $1.4 million.

Stick with On the Banks as more news develops.