Ohio State, Ryan Day agree to two-year extension that'll pay him $9.5 million annually

Ryan Day is a very happy man every day he’s the coach of Ohio State, but we’re willing to bet he has a little extra pep in his step on Wednesday. The Buckeyes and Day agreed to a two-year extension that’ll increase his salary and keep him under contract through 2028, according to Lettermen Row.

“Ohio State already gave Ryan Day the money and resources needed to revamp his coaching staff this offseason,” wrote Spencer Holbrook on Lettermen Row. “Now the athletic department is taking care of the head coach with a fresh contract extension, one that will include a bump in pay to get him near the top of the country in salary. The Board of Trustees approved the extension for Day on Wednesday, locking him in with the Buckeyes.

“The extension details: A two-year extension that will keep Day under contract through 2028; An increase in annual salary from $7.6 million to $9.5 million with a base pay of $2 million per year.”

Since taking over the Buckeyes from Urban Meyer, Day has ascended into one of the top coaches in the sport. Under his watch, Ohio State is 34-4 — and only two of those losses have come during the regular season for the Buckeyes. Additionally, the program has captured two Big Ten titles, a Sugar Bowl victory, celebrated a Rose Bowl and have been to the College Football Playoff twice.

In addition to agreeing to an extension with Day, Ohio State also agreed to an extension with men’s basketball coach Chris Holtmann. According to Lettermen Row, Holtmann and Day are in lock-step with their good moods on Wednesday, as their job security and bank accounts both increased.

“The 50-year-old Buckeyes head coach was five years into his original eight-year contract before signing the extension to keep him locked in with the program longer than the initial commitment,” wrote Holbrook. “Details from the extension: a three-year extension that will keep Holtmann under contract through the 2027-28 season; salary increase of $500,000, bringing him to a $3.5 million annual deal with a base salary of $1.0 million per year.”

Since Holtmann has taken over Ohio State, the Buckeyes have amassed a 107-56 overall record. Additionally, the program has been a staple in the NCAA Tournament. While Holtmann doesn’t have that deep run yet, it’s evident the powers that be believe it’s coming.

Evidently, Ohio State is set at two of the most important collegiate sports. Moving forward, it’s easy to see a national championship in Ryan Day‘s future. With his extremely-lucrative contract extension, it’s obvious the Buckeyes have that same vision.