Iowa State coach Fred Hoiberg signed a 10-year extension worth $20 million. (Jason Miller/Getty Images)

It looks like “The Mayor” will be in Ames, Iowa for years to come.

Iowa State and men’s basketball coach Fred Hoiberg agreed to a 10-year deal, worth $20 million that will keep him at the school until the 2023 season, the school announced.

Hoiberg has a career record of 61-39 in three seasons at the school. This season, the Cyclones went 23-12 before they were eliminated by Ohio State in the third round of the NCAA tournament.

From the Iowa State release:

“When I returned to the university three seasons ago, it was a dream come true,” Hoiberg said in a statement. “The progress that we have made so far has been very rewarding, but there is more work ahead. I sincerely appreciate the support that president Leath and Jamie (Pollard) have given me. Ames is my home and Hilton Coliseum has given me countless memories as both a player and coach. I look forward to continue leading a program that Cyclone fans can be proud of.”

Iowa State upset No. 2 Oklahoma State last season. (Reese Strickland/Getty Images)

Steele Jantz has been named Iowa State’s starting quarterback, the school announced on Tuesday.

Jantz, a senior, had split the job with Jared Barnett last season, but he beat out the sophomore this offseason.

Barnett was leading the Cyclones when the team upset then-No. 2 Oklahoma State last season. The win cost Oklahoma State a shot at the national title, and Iowa State fans stormed the field.

But Barnett struggled in the Pinstripe Bowl, and Jantz earned another shot to take back the starting job he had held for the first seven games of last season.

“Steele has demonstrated the skill set that I think is ideal for our offense,” coach Paul Rhoads said in a statement. “The main point is that we have depth at the quarterback position with two men who led us to a second bowl game appearance in three years.”