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Tuesday, March 16, 2010
Tressel’s contract extended through 2014 season
This just in from OSU:
COLUMBUS, Ohio — Gene Smith, Ohio State associate vice president and director of athletics, announced Tuesday head football coach Jim Tressel’s contract has been extended two years. The current contract, originally signed in 2008, will now run through Jan. 31, 2015 - the end of the 2014 football season.
“We wanted to reward Jim for his exemplary work with our football program and lock him in as our coach for an additional two years,” Smith said.
Tressel’s compensation package will not increase over the final two years of the deal, Smith said.
“Jim has never once come to me about compensation,” Smith said. “Jim has indicated to me he is satisfied with his salary. He is aware of the financial situation we all face in athletics and I am thankful for his service and loyalty to the goals of the department.”
“We are fortunate to have a wonderful university administration, athletics administration, coaching staff and players,” Tressel said. “To be able to continue building the Ohio State tradition alongside these people, along with our band, cheerleaders, fans and university community, is an honor.”
Tressel’s contract addendum is subject to the approval of the Board of Trustees at the May board meeting.
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