Tressel?s pay at UA a fraction of what he made at Ohio State
By David Knox and Carol Biliczky
Beacon Journal staff writers
Published: February 14, 2012
Jim Tressel will make $200,000 as the newest vice president at the University of Akron.
Most people would think that?s a lot ? it?s more than four times what a typical Ohio household takes in a year. But for Tressel, it?s quite a come-down from the economic heights he commanded as Ohio State?s head football coach.
His salary at UA is likely even less than the state pension he began collecting last summer, at age 58, shortly after he was forced to resign after being accused by the NCAA of covering up a tattoo-for-memorabilia scam by his players.
And that pension ? starting at $204,575 a year, assuming Tressel opted for the traditional ?single-life benefit? plan offered by the Ohio Public Employees Retirement System ? is the most allowed by federal law, but only a small fraction of the $21.7 million he made during his decade-long career at OSU.
That total represented ?every penny? Tressel made in Columbus, according to OSU spokesman Jim Lynch.
His salary represented only a small part of his compensation. More than three-quarters came from endorsements and personal appearance contracts and bonuses, according to OSU records.
Tressel joined at OSU in 2001 with a base salary of $190,700. That rose quickly, in step with his success on the gridiron.
By 2010, his last full year in Columbus, he was earning $624,750 in salary and vacation pay. On top of that were payments and reimbursements for vehicles, game tickets, country clubs, charter flights, cell phones and other perks.
That year, for example, OSU paid $23,016 for vehicles leased for Tressel and his wife, Ellen. He also received $17,920 worth of football tickets and was reimbursed $10,732 in country club dues and fees.
The really big money came in his share of contracts promoting OSU football and commercial endorsements. In 2010, Tressel was paid $1.8 million for being on television, radio and for personal appearance, and $1 million as his share of the school?s contract with sporting goods giant Nike.
All told, Tressel made $3.5 million in 2010.
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