Ames, Iowa — Iowa State has reworked coach Larry Eustachy's contract and athletic director Bruce Van De Velde said Eustachy would remain at the school "for the foreseeable future."
Van De Velde said Monday that other schools had contacted Eustachy about coaching jobs and he wanted to make sure Eustachy was satisfied at ISU.
"I was flattered by it," Eustachy said. "I just stayed with what I originally said: This is my last job. It did catch me off guard, but it's a nice way to be off guard."
Eustachy last March signed a 10-year contract that pays an average of $900,000 a year. That contract was negotiated by Van De Velde's predecessor, Gene Smith.
Van De Velde said salary was part of the new contract but declined to give specifics or reveal other details of the agreement.
"I can't tell you how much or what right now," he said. "But we have reached terms."
Van Velde would not say what other schools had approached Eustachy, who was the Associated Press national coach of the year last season and has guided Iowa State to the last two Big 12 regular-season championships.
The Cyclones also won the Big 12 tournament last season and reached the final eight in the NCAA tournament. Their 57 victories the past two seasons are the most in Division I.
Iowa State is 25-4 this season and ranked seventh.
Eustachy had been considered a candidate to succeed Denny Crum at Louisville. Louisville athletic director Tom Jurich went to high school with Eustachy and they remain good friends.
"There have been opportunities that have come and gone," Eustachy said. "But I've always maintained that this is what I want to do. This is the best job in America in my eyes. That's all that counts."
Van De Velde said he initiated the talks with Eustachy last Friday "to put an end to any and all speculation" about Eustachy's future.
Van De Velde also said the discussions involved the long-term aspects of the basketball program and not just contract.
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