Urban Meyer Has $4.2 Million In Contract Incentives on the B1G Championship Game

December 4, 2013 at 6:15a    by DJ Byrnes    
37 Comments
The #1 Stunna, Cash Money Kid

From Forbes.com:

Meyer, who has won all 24 of his games as head coach of the Buckeyes, could net himself at least $4.2 million in future income with another victory this weekend.

It shouldn’t be much of a surprise that Meyer’s contract could make him so rich. The Ohio State coach ranks sixth among college football’s highest-paid coaches, and last year we ranked Meyer as the third-most powerful coach in college football. On top of his $4 million in annual guaranteed salary, Meyer can take home bonuses for hitting certain athletic and academic benchmarks. He’s already claimed a $50,000 payout for winning the Leaders division, and in January he will receive a retention bonus worth $450,000.

As for this weekend’s Big Ten Championship against No. 10 Michigan State, Meyer can take home a cool $100,000 bonus for winning the game. That victory also likely ensures a trip to the BCS National Championship that is worth $250,000, or $100,000 more than what Meyer gets for making a non-championship BCS bowl, the Buckeyes’ likely landing spot if they lose this weekend.

Now that's paper, but given Urban's return on that investment, perhaps its worth every penny? If he brings the last crystal football back to Columbus, there won't be many Buckeye fans who will disagree.


37 Comments

Comments

vitaminB's picture

Third most powerful last year?  Am I missing something?

buckeyeboy31's picture

Saban can argue, nobody else can

Toilrt Paper's picture

AND against Auburn, Saban made the most egregious mistake by a head coach in the history of college football.

CC's picture

I would guess Saban and Mack Brown.  Seems reasonable but that may change in the next few weeks.

TMac's picture

He's worth every penny!
But the highlighted paragraph discusses a few hundred grand, not 4.2 million........

fanosu99's picture

The wording was tricky but evidently that included his base salary.

d5k's picture

It is well over 4.2M in that case... really dumb article and hopefully the mods change the buckshot title.

TMac's picture

Right - if base salary is somehow included, that is no incentive!

Whoa Nellie's picture

The way I read it is, if we win the conference championship game, UFM gets an automatic 1 year extension of his contract.  That is currently worth $4 million.  Since by the end of his contract, when the extension kicks in, he'll probably be making > $4 million/year, the value of the extension will be higher.  The article is correct.  His incentives for winning the conference championship and MNC game are at least $4.25, and probably more.

“Don’t fear criticism. The stands are full of critics. They play no ball. They fight no fights. They make no mistakes because they attempt nothing. Down on the field are the doers, they make mistakes because they attempt many things.”

Jonnferrell's picture

I've decided to add my $5.00 Starbucks gift card to the package to sweeten the deal a bit.  

"I'm still hungry." --Brady Hoke

FitzBuck's picture

I've got a lowes card with .84 cents left that I'm willing to donate.  

Fitzbuck | Toledo - Ohio's right armpit | "A troll by any other name is still a troll".

Idaho Helga's picture

How about a house in Detroit?  Oh wait, that's a liability, not an asset.

Oyster's picture

I can toss in an old phone card from when I was in Iraq.  He will have to find a pay phone to use it though, but at least he would have it, just in case.

Buckeye1996's picture

I'll toss in my free subscription to Reader's Digest. Anything to help the cause.

Unky Buck's picture

I know of a couple dudes who have access to such a device.

...

Doc's picture

Excellent!

"Say my name."

Alhan's picture

And you know Ted would be willing to loan its services since after his time traveling adventures, he changed his name to Shane Falco to play at Ohio State. Sadly he choked in the '96 Sugar Bowl.

Time to make up for it dude!

You can kill a fly with your slipper or a cannon. Either way, the fly dies. -Ramzy

toledo_buckeye's picture

Was that after he changed it to Johnny Utah to play at Ohio State?

Alhan's picture

Yeah, Ted had a brief stint as an FBI agent prior to his time at tOSU. Thanks for the reminder

You can kill a fly with your slipper or a cannon. Either way, the fly dies. -Ramzy

Chief B1G Dump's picture

I like where your head is at...
I have a drawer full of Taco Bell hot sauce packets I will throw in to sweeten the deal.

toledo_buckeye's picture

I have a bunch of various chik fil a sauces and condiments along with a half used jar of nathans spicy hot dog mustard.

Beat Meatchicken's picture

Nathan's? Where's the Tony Packo's swag Toledo? Just kidding...you can't go wrong either way.

Jonnferrell's picture

We will have that pay package up to snuff before long.  Let's see if Saban has a phone card or teeth whiteners--well he definitely doesn't have any teeth whiteners.  Urban deserves the best!

"I'm still hungry." --Brady Hoke

Doc's picture

I can throw in a free teeth whitening kit. He can brighten up his smile, after all that extra cheddar you know he'll be smiling. XD

"Say my name."

Poison nuts's picture

I'll throw in an old Flip video camera I have...

"Death created time to grow the things that it would kill" - Detective Rustin Cohle.

Oyster's picture

Flip, as in the screen you look at flips out from the side?
I gotta get out more...

mtrotb's picture

Math doesn't add up.  He is not getting 4.2 million by winning this weekend.

mtrotb

bcarp87's picture

That's what I was thinking... unless their missing about $4M in the description

Frankly Scarlet's picture

Great - pay him $42MM if that's what it takes to win it all and keep him here for the next 10 years. It's not my money.

 
"Buclkle your chinstrap, we're gonna grind meat!" - Woody Hayes  
 

CC's picture

Sure it is if you're going to the games and buying the merchandise.
I think he is fairly paid and you get what you pay for.

doodah_man's picture

Searching the couch cushions....

Jim "DooDah" Day
It is hard to play dirty against a man who picks you up.

ChazBuckeye's picture

I'd say that's a pretty good incentive to win Saturday night;-)

Some people think we’re the hunted.I don’t feel that way at all.We’re the hunter.Everybody wants an angry football team.Everybody wants a team on edge and a hungry team.If you’re a hunter,that usually equates to being hungry.

MassiveAttack's picture

Coach of the Year, right there!  Oh wait, Ohio State denied again.

Seth4Bucks's picture

From later in the actual article linked . . . .

That $200,000 in extra income is joined by one of college football’s richest rewards: A win in this weekend’s game also adds an extra year to Meyer’s contract. That deal isn’t unique within college sports – Thad Matta, Ohio State’s basketball coach, has a similar bonus clause – but Meyer’s $4 million in guaranteed salary makes it incredibly valuable. Odds are that contract year will be worth even more, because Meyer will most likely receive a raise in the next five years.

It's not like OSU wouldn't renew his contract pretty much automatically if he wanted to stay past his current contract. But the additional year is another cool 4 million.

TMac's picture

One sentence makes all the difference!! 
And absolutely, UFM can stay for as long as he wishes!

Oldschoolbuck's picture

Worth every nickel, dime, shekel, drachma, pound, lira, centavo, yen...

gobucks96's picture

That'll buy a whole bunch of stress relief balls he can squeeze!