Kyle Flood extended two years

Rutgers coach Kyle Flood has agreed to a two-year contract extension through 2018, the school announced Thursday.

"Kyle Flood is a tremendous coach for our football team and has earned the opportunity to lead us into the Big Ten and build on our program successes," athletic director Julie Hermann said in a release. "With the generosity of private funding, we are pleased to invest in our Head Coach and our entire staff at a level more consistent with our Big Ten peers."

The contract ranges from $950,000 to $1.55 million, while Flood's buyout will increase from $700,000 to $1.4 million, according to a source.

Flood is in his third season as head coach of the Scarlet Knights and has a 17-11 record. Named the 2012 Big East Coach of The Year in his first season, the Scarlet Knights earned a share of the 2012 Big East title, the first championship in program history.

Rutgers (2-0) hosts Penn State in a key early-season Big Ten matchup Saturday night.

The Associated Press contributed to this report.