Ohio State trustees sign off on coach Ryan Day raise, contract extension through 2031

Ryan Day is officially the Buckeyes head football coach through the 2031 season — at least contractually.

Ohio State University’s Board of Trustees approved a new contract for Day on Wednesday at its quarterly public board meeting, extending his contract through Jan. 31, 2032. The extension makes Day the second-highest paid coach in major college football, as previously reported by The Dispatch.

Day is due to receive $12.5 million as part of his annual compensation package. His compensation consists of his base salary ($2 million), media services ($7.25 million), sponsorship services ($1 million), retention award ($1 million) and apparel, shoe and equipment services ($1.25 million).

Day is also eligible for an additional retention award of $250,000 if he remains at Ohio State on Jan. 31, 2027.

The total value of Day’s contract is $87.75 million, not including possible performances incentives.

The raise comes on the heels of Day leading the Buckeyes to the team’s first national championship in a decade, guiding them through the inaugural 12-team College Football Playoff last month with four consecutive postseason wins.