The Ohio State Buckeyes invested big money into their biggest teams this offseason, extending contracts with football coach Ryan Day and basketball coach Chris Holtmann.
Day received a two-year extension, making him the Buckeye's head coach through the 2028 season. The deal increases his salary from $7.6 million to $9.5 million each year.
Fox Sports reporter Bruce Feldman tweeted the details Wednesday afternoon.
Ryan Day and Ohio State agree to a two-year contract extension thru the 2028 season. Day’s total compensation will increase from $7.6 million annually to $9.5 million annually with a base salary of $2.0 million per year.
— Bruce Feldman (@BruceFeldmanCFB) May 18, 2022
Day began his Ohio State coaching career as an offensive coordinator and quarterback coach in 2017. He quickly moved up in the organization, adding acting head coach to his list of responsibilities in 2018 as Urban Meyer's replacement. Day was officially named the Buckeyes' head coach in 2019, and he isn't going anywhere for a while.
Meanwhile, Holtmann agreed to a three-year contract extension with Ohio State. He'll lead the NCAA men's basketball team through the 2027-2028 season, making $3.5 million annually.
Basketball analyst Jeff Goodman tweeted Holtmann's extension details Wednesday afternoon.
Ohio State’s Chris Holtmann signs a 3-year extension through 2027-28 season, per school. Will make $3.5 million per year.
Ohio State is 107-56 in his five seasons. Has taken the Buckeyes to NCAA tourney in four with tourney canceled in 2020.
— Jeff Goodman (@GoodmanHoops) May 18, 2022
Holtmann has been the Buckeyes' head coach since June of 2017. Under Holtmann's leadership, team has gone 107-56, resulting in a .656 record.
Both contract extensions are huge for the Big Ten school. Ohio State's athletic success can be largely attributed to these two head coaches. Day is responsible for leading the men's football team to two Big Ten championships and three Big Ten East Division championships. Meanwhile, while they have yet to win a championship, the Buckeyes are 107-56 under Holtmann.
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