Ryan Day receives contract extension through 2028 with salary increase to $9.5 million per year

Under the terms of a new contract that was approved by the Talent, Compensation and Governance Committee of the Ohio State Board of Trustees on Wednesday, Day will receive $9.5 million in annual compensation. dollars per year with a two-year contract extension through the 2028 season.

The new contract, which is up for full board approval on Thursday, ties Day with Michigan State’s Mel Tucker, who was awarded a 10-year, $95 million contract in November. for the Big Ten’s highest-paid coach. Nationally, he ties Day with LSU’s Tucker and Brian Kelly for the third-highest paid coaches behind USC’s Lincoln Riley ($10 million) and Alabama’s Nick Saban ($9.9 million). ).

Day’s new contract increases his pay for the 2022 season by $1.9 million, when he was expected to earn $7.6 million this year under the terms of his previous contract.

With Day’s new contract, Ohio State will now pay a total of $18.283 million to Day and his 10 assistant coaches this year, an increase of more than $4 million from 2021.

Day, entering his fourth season as head coach at Ohio State, is one of five Ohio State coaches to receive contract extensions this week along with the men’s basketball coach at the Ohio State Chris Holtmann, who receives a contract extension that will pay him $3.5 million a year through the 2027-28 season.

Ohio State women’s basketball coach Kevin McGuff is given a new four-year contract that will earn him $1.05 million a year. Men’s lacrosse coach Nick Myers has signed a five-year contract that will last until the 2027 season, while men’s hockey coach Steve Rohlik will get a two-year contract extension until the 2025-26 season. .