Jets Sign Rex Ryan to Contract Extension

Nick Lahem/Getty Images(NEW YORK) --  After an 8-8 season, the New York Jets have agreed an agreement with head coach Rex Ryan on a multiyear contract extension, the club announced Thursday.  Terms of the deal were not disclosed.

There was one year remaining on Ryan's current deal with the team worth roughly $3 million.  The new contract given by owner Woody Johnson and general manager John Idzik ties him to the Jets through at least the 2016 season.

While the new contract gives Ryan stability with the organization, it is also heavily incentivized based on playoff wins.  The Jets haven't won a postseason game since the 2010 season.

Ryan has been the head coach of the Jets since 2009.  In five seasons Ryan boasts a 42-38 record, the second-highest winning percentage in team history.  He also holds the franchise record with four postseason wins, all on the road.

Many believe Ryan did an outstanding job this season with a young Jets roster devoid of Pro Bowl players.  They won three of their final four games to end the year, largely due to the improved play of rookie quarterback Geno Smith.

Copyright 2014 ABC News Radio 

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