Ohio State has released the term sheet for soon-to-be-new head coach Ryan Day, who will be taking over for Urban Meyer following the Buckeyes’ appearance in the Rose Bowl on January 1.
Day’s contract is set to pay him $4.5 million per year for five years.
Base compensation comes in at $850,000 per year, but gets a significant bump via nearly $2.4 million for media, promotion, and public relations. He will also receive $1.25 million from apparel contracts
Day can also receive bonuses for certain achievements, such as $150,000 for his team having a cumulative 3.5 gpa.
In a rather unnecessary move, one of the bonuses has Ohio State agreeing to pay Day $50,000 if he were to win the Big Ten Coach of the Year Award.
If the Buckeyes make it to the College Football Playoff finals, Day will receive a $350,000 bonus.
You can check out the entire term sheet and the rest of the bonuses below.