It's an interesting topic....if he really was a jumper he would be gone already. Nor would he have allowed the buyout language to remain. There is something he likes or something keeping him around. At the very least something to not make him interested in leaving soon. I fully expect him to leave, but the job already is so much better off it opens ISU up to a whole group of guys you wouldn't have had a chance at before. Some of this might depend what happens to the Big 12 long term I suppose.
I do think if he stays long enough he will win the Big 12. I think a playoff spot is a lot to ask, but he has been knocking on the door for a couple years now of winning the conference, and eventually he will get it done. Hell we are a couple field goals away from it this year. But then again, there are only a few schools that can win a National Championship, schools like MSU are not one of them. It's probably ND, OSU, maybe Michigan.
I don't know, maybe he really believes rings and trophies don't matter, and for whatever reason he can do whatever he wants at ISU for now. 3.5M is a lot of money in Ames, if he stays 20 years, he will get raises and probably end up at 5M a year at least before too long.
It's not a Hoiberg situation where you can only pay a basketball coach so much at ISU given the revenue stream it creates, you can pay a football coach a lot of money at ISU now and it is well justified.