Urban Meyer’s Contract
28 November 2011 at 7:24 pm Peter G. Klein 4 comments
| Peter Klein |
As sports-crazed American readers know, Urban Meyer was today named Ohio State University’s head football coach. The money’s not bad — $4 million per year. The contract itself, which you can find here, is pretty interesting (HT: Skip Oliva). There are lots of performance bonuses ($100k for winning the Big 10; $150k for making a BCS bowl; $250k for making the national title game), even some for academic achievement (e.g., $150k for an 80% player graduate rate — hmmm, no pressure on OSU professors here). Transportation will be by private jet; coach gets lots of free tickets; and the university will pay dues at “a mutually agreed-upon golf course.” I guess these are included in lieu of cash for tax purposes. The university also commits “to working with Coach to create the Urban Meyer Fellowship for Ethics and Leadership in Sports.”
Organizations and Markets 
1.
FC | 29 November 2011 at 1:02 am
Mother wanted me to be a football coach…
2.
Randy | 29 November 2011 at 11:21 am
Don’t forget the payout if he stays 5 years. Do you have this on your university contract?
3.
Peter Klein | 29 November 2011 at 12:16 pm
If I’m still employed at the university in 2018, I have to pay some money back.
4.
Cliff Grammich | 1 December 2011 at 4:02 pm
Interesting. Dozens of football and basketball tickets, dozens of hours in the university jet (including for private use) . . . and only two (2) parking passes? I had no idea Buckeye parking was that tough . . .