By I-Hsien Sherwood | i.sherwood@latinospost.com (staff@latinospost.com) | First Posted: Jan 19, 2013 01:30 PM EST

Despite botching his election night predictions, Karl Rove is renewing his contract with Fox News for another four years.

"The contract assures the ratings-leader cable news network that it will retain one of its most popular commentators, and someone whose views continually make news, especially in the heat of a campaign," writes Politico.

While Rove is popular, he isn't necessarily accurate.

He (in)famously called the 2012 presidential election for Mitt Romney throughout the entire campaign, contrary to what the vast majority of polls were predicting.

When Fox's own election analysts called it for Obama on election night, Rove's ensuing meltdown had Fox anchor Megyn Kelly scurrying off to check the numbers in what turned out to be an embarrassing gaffe for Rove.

"In the wake of the 2012 election, [Fox News CEO Roger] Ailes reportedly demanded that Rove be given a less prominent role on the network. On election night, Rove publicly disputed Fox News' decision to call Ohio for President Obama, leading to a standoff between the pundit and the network's number-crunchers," writes the Washington Post.

But it seems like Ailes and Rove have reconciled, and it doesn't look like viewers are holding a grudge, either. They regularly tune in to hear Rove's self-assured pronouncements on all things political.

"Karl's detailed knowledge of state and national politics, as well as fundraising and strategy, makes him an important player in our ongoing political coverage and we look forward to him continuing his analysis across all platforms for FOX News and FOX Business," said Ailes in a statement after the contract renewal.

The four-year contract means Rove will be on the air until at least 2016, guaranteeing he gets another crack at predicting the outcome of a presidential election.

Maybe next time he'll pay closer attention to the poll data, but don't count on it.