Ohio State Adds Two More Years to Jim Tressel's Contract

Ohio State University has added two additional years to head football coach Jim Tressel's contract. Tressel had his original contract, which was signed in 2008, extended through the 2014 season.

During his nine-year run with the Buckeyes, Tressel is 94-21. Depending on incentives and additions, he makes roughly $3.5 million per year in Columbus.

On Tuesday, OSU athletic director Gene Smith said that Tressel told him he was satisfied with his salary. He was aware of the financial problems the athletic department is facing, and did not seek an increase in pay.

To offset some of the athletic department's losses, OSU ahs increased football prices by $7 to a face value of $70. They've also added $1 to the price of basketball tickets.

The Ohio State board of trustees will still need to approve the contract in May, but objections are not likely.