The Iowa Hawkeyes, following another disappointing season, have decided to fire their coach.

The announcement follows the Hawkeyes 10-22 finish on the season.

This was their third losing season in a row. Coach Lickliter had a seven year contract with Iowa that was cut short by four years.

The contract was to pay him 1.2 million dollars a year. The Hawkeyes have clearly decided that it was better to take the lose in money, rather than continue to take the loses on the court.

Iowa is now free to hire a new coach as soon as possible but according to the Philadelphia Daily News there is no time line on when that decision will be made. Some other problems brought along by the teams poor performance where low attendance, and therefore low ticket sales. Put simply the team was bleeding money for the last three years.

There is nothing to guarantee that hiring a new coach will change any of these results, but the Hawkeyes decided sticking with Coach Lickliter will not improve anything either. The Hawkeyes have struck a deal with the coach to pay him 2.4 million a year for the remainder of his original contract. This is twice as much as he was originally scheduled to be paid.