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2009 Ohio State football
Home > Blogs > Buckeyes Beat > Archives > 2008 > August > 29 > Entry
Ohio State gives Tressel $1 million raise
Got this e-mail today from the Sports Information department at Ohio State. OSU has reworked Jim Tressel’s contract, bumping him up to $3.5 million in total compensation next year.
The news release …
COLUMBUS, Ohio — Ohio State football coach Jim Tressel has agreed to contract revisions that will make him the highest-paid football coach in the Big Ten Conference, OSU director of athletics Gene Smith announced Friday morning.
Under the amended contract, Tressel’s compensation increase will be phased in during the current year and will be $3.5 million next year, more than $1 million annually than the previous agreement. He will receive annual increases of 3-4% over the remainder of the term. Tressel is under contract at Ohio State until January 31, 2013.
“Because of our overwhelming regard for Coach Tressel’s contributions to Ohio State and our football program, we made a commitment toward keeping him No. 1 in the Big Ten and among the top ranks of coaches nationally, and this revision achieves that goal,” said Smith. “Based upon known compensation figures, this agreement will place him in the Top 10 nationally among collegiate coaches.”
“It is incredible the commitment that Dr. Gee and Gene Smith have made to us,” said Tressel. “There is no place in the world we would rather be, and we will work very hard to serve Ohio State. The goal that Ellen and I have is to make sure these blessings make a difference to others.”
The new agreement also updates language in a number of other areas, including youth summer camps, termination for cause provisions, jet hours for recruiting and personal usage, and other items in conjunction with the amended compensation package. As head coach, Tressel is provided opportunities for additional compensation from sources outside the University. All coaching salaries are paid entirely through athletics department funds; no public funds are used.
Tressel begins his eighth season as head coach of the Buckeyes; he holds a 73-16 record at OSU, and is one of only four active coaches to have more than 200 career wins (208-73-2). His OSU teams have played in three national championship games, winning the 2002 national title, and his Buckeyes have earned four Big Ten titles. Eleven of his players have been first-round NFL draft picks, and Tressel has coached 44 first team all-Big Ten players and 153 Big Ten all-academic selections.
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Comments
By Bucknut
August 29, 2008 12:57 PM | Link to this
He deserves it! Tressel for President in 08! GO BUCKS!By bb
August 29, 2008 4:14 PM | Link to this
Now that TW signed on to the Big Ten Network, it will pay for Jimmy’s 1 Million dollar Raise. Go Bucks! Directv Rocks!!!By painfultruth
August 29, 2008 11:33 PM | Link to this
Anyone that feels a football coach is worth this amount of money, yet feels “Big Oil” is “ripping us off” has bricks for brains. He’s a FOOTBALL COACH people! It’s no wonder the USA is headed in the wrong direction. Misplaced priorities? You bet! We curse teachers, police and fire people for wanting a pittance raise,yet fall all over ourselves when a football coach gets a million dollar raise. Ever get a raise like that yourself? Bet not! I can’t wait for the hate mail responses!By lanspapaw
August 29, 2008 11:49 PM | Link to this
I must say I agree with you.Have been and always will be a Buckeye fan. Couch Tressel is the best since Woody BUT we definately have our priorities wrong both in and outside the horseshoe.By James
August 30, 2008 6:14 AM | Link to this
I have to say I am very impressed! Jim Tressel has kept the OSU Football Program as the beacon of light in a sport filled with corruption at many other universities. OSU Players are held in the highest regard world wide for their honor, loyalty, and above all Moral Excellence. They are the only 3 time ‘TRUE’ national champions, and no other college program out there can hold a stick to them. Great Job Jim Tressel! Just one more reason we are all proud to call ourselves Ohioans. (BTW it’s not about the money, it’s about the character, and Jim Tressel has lived it day in and day out at OSU. So please don’t compare his job to civil service jobs. They are two completely different fields. Jim has done an amazing job keeping all of his players the BEST athletes as well as Moral citizens, NO other university coach has done as well with their players)By Randy
August 30, 2008 7:34 AM | Link to this
Painful truth is RIGHT ON THE MONEY with his comments! America has it’s priorities screwed up when we have people in the entertainment business making as much in a year as it takes you a lifetime to make. We needs to re-exam our values.By Randy
August 30, 2008 7:34 AM | Link to this
Painful truth is RIGHT ON THE MONEY with his comments! America has it’s priorities screwed up when we have people in the entertainment business making as much in a year as it takes you a lifetime to make. We needs to re-exam our values.By Randy
August 30, 2008 7:34 AM | Link to this
Painful truth is RIGHT ON THE MONEY with his comments! America has it’s priorities screwed up when we have people in the entertainment business making as much in a year as it takes you a lifetime to make. We needs to re-exam our values.By jim shoo
August 30, 2008 8:39 AM | Link to this
Painful is right,to make that much money is a slap in the face to kids who struggle to pay their student fees. shame on tressel for accepting it.By jim shoo
August 30, 2008 8:39 AM | Link to this
Painful is right,to make that much money is a slap in the face to kids who struggle to pay their student fees. shame on tressel for accepting it.By ned a job
August 30, 2008 8:43 AM | Link to this
plus think of the incentives he gets, the biggest one is for losing to an sec team everyyear pay tressel 3.5 mil..raise tuition another grand,By buc fan
September 1, 2008 4:54 PM | Link to this
all haters need to step back. it is what the market suggests. don’t be jealous. he makes osu millions plus the pub. he’s 8th highest paid a steal for what he produces. i suggest ya’ll begin coaching to see how hard it is and then you too can get paid. crybabiesBy buc fan
September 1, 2008 4:59 PM | Link to this
jim shoo: those athletes are receiving a college education for free, for the most part. where can you get on the job training with all bills paid and an education to go along with it? the players could pay or worse try to get a job at mcdonalds. don’t give me this poor college student thing. i received a scholarship to play a sport in college and I was happy to see my coach get what he deserved. I worked hard to get my education paid for. don’t regret it.By buc fan
September 1, 2008 5:05 PM | Link to this
painfultruth: my step father works for osu. he is a nuclear engineer. guess where he gets funds to cover his research? as do many other departments of osu. they make 14 mil off of there game against LSU. sure they lost, but the student body at osu won. sometimes we should be educated before commentingBy buc fan
September 1, 2008 5:09 PM | Link to this
painfultruth: my step father works for osu. he is a professor for the nuclear engineering department. guess where they get most of there funds? as do many other departments at osu. the football team made 14 mil for the game against LSU. sure we lost but the student body of osu won. educate before making statements.