Northern Iowa has given basketball coach Ben Jacobson a new 10-year contract extension that includes a substantial pay raise. Jacobson's annual salry goes to $450,000 per year starting next season, with annual raies of $25,000 throughout the length of the contract which runs through 2020. Jacobson's current deal pays him $289,300 per year and ran through 2016. Northern Iowa has a 30-4 record and just knocked out top seed Kansas from the NCAA tournament. The Panthers face Michigan State at 9:37pm Friday in St. Louis in a Sweet 16 matchup.