Hey, remember when Ohio State AD Gene Smith got all holier than thou about coaches’ salaries?
Though Ohio State pays its coaches in the upper echelon of salaries, it has avoided paying what Athletics Director Gene Smith believes to be unnecessarily large salaries for coaches.
“I don’t even put Texas A&M in our sphere because I’m considering Urban [Meyer]’s situation with three years left on his contract,” Smith said during Ohio State’s Board of Trustees’ Talent and Compensation Committee meeting Thursday. “Talking with [Susan Basso, vice president of human resources] and [Joanna McGoldrick, associate vice president of total rewards], that’s not even someone that we’re comparing with because it’s so ridiculous.
“It’s the same way with Alabama and their total salary. Take it off the sheet because it doesn’t matter. Because it’s just no value to it. It’s a reactionary type of management.”
Good times. You know what’s coming next, right?
Ohio State football coach Urban Meyer will be paid $7.6 million for the 2018 season under a two-year contract extension approved Thursday by a committee of the university’s governing board.
The deal, subject to approval by the full board at its meeting Friday, will give Meyer a $1.2 million raise over what he made for the 2017 season, according to a release from the school.
For those of you out there doing math, TAMU is paying Jimbo an average of $7.5 million a year and Saban makes a little over $7 million a year, too.
Good thing Gene’s not reacting.
Get The Picture 
Oy. BS like that would make Harold Hill blush.
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I wonder how Kirby’s contract renegotiation is going. Held up by the Georgia Way?
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Don’t forget about the 21% surtax on everything over a million which I understand is paid by the non profit employer… part of tax reform act beginning this year. I wonder if that is affecting Kirby’s new contract.
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How is that different from the school with it’s foot in their mouth? Not suggesting we need to increase KS to those levels, but every contract since the tax law change is on equal footing for comparison purposes when it comes to use of donor dollars.
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I agree. Coaches working under existing contracts are pretty much baked in. The surtax really comes into play in new contract negotiations. There are some good articles on how non profits might deal with the new law… mainly using the going or comparable rate as a reason to justify the high salaries.
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Every liberal I know has been screaming how the tax reform is only helping the wealthy……… surely this is an oversight
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Are there any employees at the OSU that aren’t complete douchebags? Asking for a friend.
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