Firing an Ohio State coach who has a 56-7 record in five seasons may sound like a crazy idea.
However, there are enormous expectations in Columbus, and the Buckeyes’ wins and defeats against Michigan have made or broken their coaches. This record is significantly more significant. For example, Urban Meyer defeated the Wolveries 7-0. Ryan Day, his replacement, is facing a considerably tougher squad than “That Team up North.”
After Michigan’s 30-24 victory at Ann Arbor on Saturday gave the Buckeyes their third straight loss in the rivalry under Day, Day’s record against the Wolverines dropped to 1-3. Additionally, he has come under fire after his most recent setback. Despite a great deal of drama off the field that resulted in Jim Harbaugh’s suspension from “The Game,” Rod Moore’s interception of Kyle McCord helped Michigan win 30–24.
Meyer, for his part, stated that Day’s job security on the Fox postgame program was unaffected. However, some fans openly question if Day is the best person for the role.
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Which raises the question: If Ohio State opted to sever relations with Day after the 2023 season, what would be owed to him? The following details cover his buyout clause, contract, and the amount he would owe in the event of his termination:
Ryan Day: Details of the Ohio State contract
Duration of contract: five years
$47.5 million is the contract value.
Early in the 2022 season, Day received a two-year contract extension with Ohio State, which increased his average yearly compensation from $7.5 million to $9.5 million and extended his deal through 2028.
Early in 2023, Day received a 5.25% pay increase, increasing his total yearly income to $10.2 million. Day is qualified for yearly salary increases following February 1. If, after January 31, 2024, he is still Ohio State’s head coach, he will also receive a $250,000 retention bonus.
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If fired, how much is Ryan Day’s buyout?
In 2023, Ohio State will repay Ryan Day $46.22 million if Day is fired. That is the third-highest buyout in the Big Ten and the ninth-highest in collegiate football.
$46.22 million in 2023
Ryan Day’s annual record
Ryan Day’s Ohio State record, year by year, is shown below:
2018: (coach in interim) 3-0
2019: 13-1 (College Football Playoff berth and Big Ten championship)
2020: 7-1 (Big Ten title and berth in the College Football Playoffs)
2021: 11-2
2022: 11-2 (a bid to the College Football Playoffs)
2023: 11-1
Total: 56-7
