Kirk Ferentz Takes Pay Cut, Applies for Low-Income Housing

Days after donating over one million dollars, Kirk Ferentz announced he is also taking a pay-cut. The state of Iowa’s most overpaid employee has been labeled a generous giver ever since agreeing to a modest $4.5 million per year contract, which was quite far off from his true market value.

While Ferentz continues to shed income and evade taxes, Wide Right Natty Lite has learned there is an alternative motive other than his unabashed unselfishness. Low-income housing.

Living in the slums is far from a new concept for Iowa football’s first family.