Air Force and Troy Calhoun have agreed to restructure Calhoun's contract for a five-year deal and also a bump in pay. The new five-year extension keeps Calhoun in Colorado Springs through the 2019 season, and a $25,000 annual increase in pay to $850,000 per year.
This new deal replaces a previous five-year deal that Calhoun signed before the 2013 season, so the first year of the restructured contract begins in 2014.
Air Force is coming of its sixth-ever 10-win season, and the first under Calhoun, a win over Western Michigan in the Famous Idaho Potato Bowl and nearly being ranked in the final polls.
Calhoun has led the Falcons to six bowl games, with three wins, but after winning nine games in 2010 the win total decreased each year to seven, six and then tying a program worst two wins. The turn around in 2014 to winning 10 games was the biggest turnaround in Air Force football history.
This deal was approved by outgoing athletic director Hans Mueh who is stepping down on Jan. 23.
"Troy Calhoun has been a great inspiration to our future Air Force officers," Mueh said in a released statement. "His priorities in coaching are clearly in line with the goals of the Air Force Academy, so we are delighted to be able to extend Troy's contract for another five years."
Calhoun has been rumored for various coaching jobs, both college and NFL, during his time at Air Force, so an extension helps thwart off some of those suitors -- specifically with the amount of openings in the NFL.
Calhoun has put up a 59-44 record as Falcons head coach and is a former Air Force quarterback between 1985-88.