Some things that go on with college football coaches are real strange. I don't know all the details, but Iowa lost in OT to Nebraska the other day. Yet it's the guy whose team won in a big comeback who gets fired two days later and the guy who lost who, it seems, has a safe job.
Your guy Ferenz was considered about the best young head coach in the country not that long ago, so keep things in perspective. At least his teams are competitive and you're going to a bowl, which is lot more than you could say about Iowa for a long time back in the 60s and 70s.