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Ohio State Extends, Increases Tressel’s Contract

by @ 8:02 am on August 30, 2008.

Ohio State and Jim Tressel have agreed to contract revisions that will keep him in Columbus until at least 2013 and make him the highest paid coach in the Big Ten:

COLUMBUS, Ohio (AP) — Ohio State says Jim Tressel has agreed to contract revisions that will make him the highest-paid football coach in the Big Ten Conference.

Under the amended contract, Tressel’s compensation beginning Feb. 2, 2009, will be $3.5 million, a $1 million increase, the school said.

He will receive annual increases of 3 percent to 4 percent over the remainder of the term. Tressel is under contract at Ohio State until Jan. 31, 2013.

The new agreement also updates termination provisions and jet hours for recruiting and personal use.

Tressel begins his eighth season as head coach of the second-ranked Buckeyes when the team opens Saturday at home against Youngstown State. He has a 73-16 record at Ohio State, which won the 2002 national title but has lost the past two Bowl Championship Series title games.

Given Tressel’s record, it’s not surprising at all.

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