GO BUCKS!!!
Posted on 06/16/2003 3:48:41 PM PDT by anncoulteriscool
Ohio State, Tressel Agree to New Contract
Jun 16, 4:12 PM (ET)
COLUMBUS, Ohio (AP) - Ohio State football coach Jim Tressel signed a new six-year contract Monday worth at least $1.3 million this season and escalating to $1.8 million in the final year.
The new deal comes after Tressel led Ohio State to its first national championship since 1968 with a 31-24 double-overtime win over Miami in the Fiesta Bowl.
The contract, which replaces a deal that would have expired after the 2005 season, includes a base salary of $285,700 that increases to $405,300 in the final year.
Tressel will earn $420,000 from radio, television and public relations and $335,000 from the university's deal with Nike in the first year. Both amounts will increase yearly.
The contract also contains bonuses tied to the academic performance of the team, but at Tressel's request, the only athletic bonus is an additional $200,000 if the Buckeyes play in the BCS championship game.
Tressel has a record of 21-5 in his first two seasons at Ohio State, including an NCAA-record 14-0 last year.
The contract could be extended for three years if an agreement is reached by March 1, 2006.
I applaud Jim Tressel's insistance that the only athletic bonus he is eligible to earn would be the result of playing in the BCS Championship Game. The coach at my alma mater routinely receives at least a $200K bonus no matter if he reaches the SEC Championship game or plays in any kind of bowl game. I also applaud OSU for sticking a "carrot" for academic performance into Tressel's deal.
I applaud Jim Tressel's insistance that the only athletic bonus he is eligible to earn would be the result of playing in the BCS Championship Game. The coach at my alma mater routinely receives at least a $200K bonus no matter if he reaches the SEC Championship game or plays in any kind of bowl game. I also applaud OSU for sticking a "carrot" for academic performance into Tressel's deal.
Seriously, I would not be at all surprised if when ohio st play mich at the end of season if they are both undefeated and maybe ranked 1 and 2.
On the surface that is commendable, but before getting too excited, what are the majors involved. PE, psychology, sociology, criminology and public relations don't count. A major in education might also be questionable.
GO BUCKS!!!
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