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Bill Snyder signs 5-year extension

Updated: January 31, 2013, 4:23 PM ET
By David Ubben | ESPN.com

Kansas State coach Bill Snyder has signed a five-year contract extension through the 2017 season, the school announced Thursday morning.

The school announced the deal pays Snyder $2.75 million for the 2013 season, with annual increases of $100,000 in each season thereafter. 

He will also receive $50,000 for each bowl appearance, $100,000 if it's a "BCS bowl," $175,000 for making the national semifinals when the playoff structure begins in 2014, $250,000 for playing in ...

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