Delany finalizes contract extension through 2013

Posted by ESPN.com's Adam Rittenberg

Big Ten Conference commissioner Jim Delany has agreed to a contract extension through 2013, the league's council of presidents/chancellors announced Friday.

An extension has been in the works for some time. The agreement was finalized during the summer and the details were finally completed today. Financial terms of the agreement were not disclosed.

Here's what Delany told me this summer about his future with the league.

"I'm still enjoying what I'm doing. I expect that I'll be here for an indefinite period of time. I don't think I'm going to work as long as [former SEC commissioner Roy] Kramer did or maybe [current SEC commissioner Michael] Slive or even [Tom] Hansen, but I think I'll be here for the next five years or so. That's my horizon."

Not surprisingly, the new contract runs through the next five years. Delany will be 65 at the end of the contract and likely would follow his commissioner colleagues Mike Tranghese and Tom Hansen into retirement.

The Big Ten has taken some hits on the field with its recent performance, but there's little doubt the league has one of the most powerful commissioners in the country. Delany launched the Big Ten Network and maintained a strong partnership with the Rose Bowl, which has helped the Big Ten place more teams in BCS games (17) than any other league.

Delany has drawn criticism for his opposition to a playoff system, but his influence throughout the sport makes him a popular man in the Big Ten region.