Ryan Day Contract Details: What Fans Need to Know
As the current head coach of the Ohio State Buckeyes football team, Ryan Day has certainly made his mark in the Big Ten conference and the broader college football world. Since taking over from Urban Meyer in 2019, Day has led his team to an impressive 23-2 overall record, with two Big Ten championships and a College Football Playoff appearance to his name.
But with great success comes great scrutiny, and fans and analysts alike are always curious about the details of their favorite coach`s contract. Here`s what we know about Ryan Day`s current deal:
Length and Value
Ryan Day signed a five-year contract extension with Ohio State in February 2020, meaning he is currently under contract through the 2026 season. The deal is worth a reported $6 million per year, making Day one of the highest-paid coaches in college football.
Incentives
As is typical with coaching contracts, Ryan Day`s deal includes a number of performance-based incentives that could increase his compensation. Some of these incentives include:
– $500,000 for winning a national championship
– $200,000 for a Big Ten championship game appearance
– $100,000 for being named Big Ten Coach of the Year
– $50,000 for reaching the College Football Playoff
– $50,000 for a New Year`s Six bowl appearance
Buyout Clause
One of the most interesting aspects of Ryan Day`s contract is the buyout clause, which outlines the financial penalties for terminating the deal early. According to reports, if Day were to leave Ohio State before the end of the 2022 season, he would owe the university $8 million. That number drops to $6 million in 2023, $4 million in 2024, $2 million in 2025, and $1 million in 2026. If Ohio State were to terminate Day`s contract without cause, they would owe him a buyout worth 75% of his remaining salary.
Contract Negotiations
As successful as Ryan Day has been at Ohio State, it`s no surprise that he has already drawn interest from other programs. In the weeks leading up to the 2021 season, rumors swirled that Day had been approached by NFL teams about potential coaching opportunities. Day squashed those rumors and reiterated his commitment to Ohio State, but it`s clear that his success and reputation will continue to make him a coveted candidate.
Overall, Ryan Day`s contract details reveal a coach who is highly valued by his university and compensated accordingly. With his team currently ranked as one of the top in the country, Buckeyes fans can rest assured that their head coach is locked in for the foreseeable future.