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Ohio State football: How much will Ryan Day be paid to coach the Buckeyes?

New Ohio State football coach Ryan Day will be paid $4.5 million per year for the next five years per the terms of employment sheet he signed Tuesday. 

The document shows a breakdown of his compensation similar to other Ohio State contracts, including the one for Day’s predecessor, Urban Meyer. 

Day’s base compensation is $850,000 per year. 

He will receive $2.39 million for media, promotions and public relations with another $1.25 million for apparel, shoes and other equipment. 

Also Day gets $10,000 for a Coca-Cola promotional appearance and has a variety of bonuses tied to team grade-point average, on-field success and coaching awards. 

Other perks includes a $1,200 monthly automobile stipend, access to a private plane for recruiting and personal use, a golf club membership, football tickets and basketball tickets. 

Day was named the 25th Ohio State football coach Tuesday. 

Meyer will retire after coaching the Buckeyes against Washington in the Rose Bowl. 

He then plans to continue working in the athletics department in a to-be-determined capacity. 

Meyer’s base salary in 2018 was $840,000 with $4.544 million for media and $1.566 million for apparel, shoes, etc. 

His six-week, three-game suspension for mismanaging the employment of former assistant Zach Smith cost him $570,507.68 according to a document provided by the university in response to a public records request by this news organization.

Day received a one-time payment of $487,000 for his role as acting head coach during Meyer’s suspension. 

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