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Jim Tressel (National Champion, ex-President, Youngstown State University, CFB HOF)

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BCSBust said:
That's quite a bit of money but you have to pay the best the most money. So, that's quite fine with me.
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The extra money that 14-0, 11-2, and 10-2 BCS-bowl-winning teams generate more than compensate for his big salary.


BDtheBuckeye said:
OSU Glory Days until 2012!
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At least. Tressel is 53, and I can see him coaching until he's in his early 70s, health allowing. We have him for 20 or so more years...
 
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4-1 vs Michigan........enough said. He is worth every penny. :biggrin:

CPD

5/19/06

<H1 class=red>Bucks flowing toward Tressel

</H1>New 7-year deal totals $17 million


Friday, May 19, 2006

Doug Lesmerises

Plain Dealer Reporter

When Jim Tressel was given a new contract by Ohio State in 2003 after winning the national championship, he wasn't the highest-paid football coach in the Big Ten.

In a new deal an nounced Thursday, Tressel caught the wave of escalating salaries. Receiving an average of $2.45 million over each of the next seven years, Tressel should be one of the five highest-paid coaches in college football.

Ohio State announced the $17.1 million deal 11 weeks after Tressel and athletic director Gene Smith agreed to extend a March 1 renegotiation window in the previous contract, which ran through 2009 and would have paid Tressel about $1.6 million this season.

The new contract will pay Tressel $2,378,900 this season, including a $500,000 signing bonus. He will make $2,300,900 in 2007; $2,325,900 in 2008; $2,400,900 in 2009; $2,500,900 in 2010; $2,575,900 in 2011 and $2,675,900 in 2012.

Both Smith and Tressel were attending conference meetings in Chicago and were unavailable for comment, but Tressel's agent John Geletka described an amiable negotiation in light of the deals that pay USC's Pete Carroll, Notre Dame's Charlie Weis and Texas' Mack Brown well over $2 million per season.

"That's why we had an opening in the contract to be able to do this," said Geletka, who said he brought the salaries of the nation's top coaches to the table for comparison. "And Gene understood the reality of what's happened at the college level."

Smith, in his second year at AD, said several months ago that he would have redone Tressel's deal, which would have maxed out at about $1.8 million in the 2008 season, even if the window wasn't in place.

In a statement released by OSU, Smith called Tressel "one of the finest football coaches in the country, and we felt it was important to get him near the top nationally in terms of compensation. This contract accomplishes that goal."

The contracts of OSU assistant coaches are believed to have been renegotiated several weeks ago.

Tressel is 50-13 in five seasons with the Buckeyes with two Big Ten titles, and is 4-1 in bowl games and 4-1 against Michigan. Ohio State was 10-2 last season and finished in the top five in the final polls for the third time in four years. In the statement, Tressel thanked Smith and OSU president Karen Holbrook.

"In my opinion, no school has more to offer in terms of academics and athletics," Tressel said. "I am certainly proud to be the football coach here and will continue to do everything I can to help prepare our student-athletes for the next step in their lives once their football careers have ended.

"[My wife] Ellen and I feel very fortunate and we understand to whom much is given, much is expected."

With more than $17 million heading Tressel's way over the next seven years, that's a lot of expectations.
T
o reach this Plain Dealer reporter:

[email protected], 216-999-4479
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Could he possibly be the next Joe Paterno? Or better? JoPa is like, what...75 or something? He's an old guy and can still coach (with the right recruits). Granted, the last few years havent been great, with the exception of last year, but he's still a HoF coach.
 
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This just occured to me... last year marked the end of the beginning for Tressel. Josh Huston was the last Cooper recruit. Now Tressel is going to make history with his own recruits. Go bucks.

:osu::oh::io:
 
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Tressel's new contract

The Cincinnati Enquirer broke new ground today, actually covering a story about the Buckeye's and Coach Jim Tressel's new contract.

According to the Enquirer, Tressel will receive $2.7M in 2013, the final year of the contract, and the new salary is retro to February of this year.

I'm glad the school is putting up the money to keep someone who has re-kindled my interest in the Michigan game and has demonstrated that he can recruit, delegate, and match Xs and Os with the best of 'em.

But another part of me winces. Yeah, I know, OSU football is big money and to be competitive you have to pay.. blah, blah, blah.

OSU is a university. That's its mission and I was always proudest of Woody when he insisted that he be paid NO more than the senior tenured professor at the school. (This led to real problems when they wanted to replace Fred Taylor and couldn't get a "quality" coach without paying him way beyond Woody's salary) This is sooo far beyond the tenure track pay scale... and the adjunct pay scale... and the chief executive level of the departements and colleges pay scale... and the president's pay scale.

My alternative, to give up following Buckeye football, is more than I can endure. I will always care about what happens to the football team, but, boy, does this say a lot about how skewed our values are...
 
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already in the JT thread, but I disagree with your premise. The senior tenured professors aren't bringing in 50 million a year for the school like tressel, and it's pretty clear OSU isn't having any 'quality coach' salary issues these days.

Also, Tressel gives back a ton to the community in a number of ways. You can be sure this money will be put to good use.
 
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Jwins, I have NO problem with Tressel. I believe I said so. My issue is how big sports have become at the college level and what, in turn, it does to education.

BTW, mods, I went to search, put in Jim Tressel's new contract, and nothing popped up. So I posted. If you want to move this to the JT thread it's fine by me.
 
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Those who are among the 5 best individuals in their profession on planet earth are well compensated. If they are teachers, they are published and widely read in some form. If they are researchers, they have Nobel Prizes or Fields Medals and pull down huge speaking fees. If they are writers, they have Pulitzers. If they are engineers they have patents. etc. etc. etc.

Don't get me started about talented people you know who aren't making that much. This is about being among the 5 best at whatever you do of all the people on earth. When you're that good, you may not make 2.4 million, but you're going to be very, very comfortable. Comfortable enough that envy is unseemly at best.

And don't tell me about teachers who "don't care about getting published". When someone is talented enough to be among the best 5 on the planet, and they don't endeavor to share what they know on a wider scale, then this betrayal of their gift knocks them out of consideration for the true top 5.

JT is top 5 by every category of valuing a coach.

W-o-r-t-h e-v-e-r-y p-e-n-n-y
 
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