Ohio State AD Smith's gets bonus-laden deal

Published:

COLUMBUS, Ohio (AP) -- Every time an Ohio State athlete or team wins a national title -- in track, swimming, fencing, rifle, pistol or any of 24 other non-revenue sports -- athletic director Gene Smith will receive a bonus of $18,000 to $36,000 under terms of the new contract extension announced earlier this week.

Smith could earn more than $1.5 million a year in salary and bonuses under the pact that runs through June 2020.

If the Buckeyes football team plays in a major bowl game or the men's or women's basketball teams make it to the Final Four, Smith will receive four times his weekly base salary, or more than $72,000.

Smith also received the additional title of university vice president and has oversight of Ohio State's facilities, marketing and branding.

Want to leave your comments?

Sign in or Register to comment.