Idaho's state Board of Education has signed off on a new five-year, $11.7 million contract for Boise State football coach Chris Petersen, the Associated Press reports; the board unanimously approved the new contract at its meeting today in Moscow. Petersen's new package includes a bump in base pay each of the five years plus a series of incentives, according to the AP; they include a $250,000 annual licensing payment for use of Petersen's name and image. Earlier this year, the board approved giving Petersen a $375,000 raise for 2012. The contract is designed to keep Petersen's salary competitive and retain him as the head of the Broncos highly successful football program.