OSU doesn't have to pay Tressel anything

COLUMBUS, Ohio — The resignation of coach Jim Tressel on Monday means Ohio State does not have to pay him another penny of his estimated $3.5 million annual salary.

According to the contract, which runs through the 2014 season, Tressel "shall not be entitled to receive any further compensation or benefits under this agreement" if he resigns.

Ohio State spokesman Jim Lynch said Monday that he was unaware of whether a buyout or severance package was part of Tressel's resignation.

An addendum to the contract does permit Tressel, if he resigns for any reason, to become an associate athletic director at a salary of $150,000 per year. Section 5.3f does stipulate that Ohio State can void that portion of the agreement.

Jim Tressel Resigns: 5 Reasons Ohio State Needs to Hire Rich Rodriguez as Coach

 

Jim Tressel is out as coach of the Ohio State Buckeyes, it was announced on Monday.

And while I admit to a significant amount of schadenfreude in seeing the rival of my beloved Michigan Wolverines struggling through NCAA violations, suspensions, rumors of sanctions and the like, I also admit to a significant amount of respect for the man with the sweater vest—at least before all of the latest information came out in recent months.
All of that said, though, Ohio State must find a new coach.

And while former Tressel assistant Luke Fickell will seemingly be the head man in Columbus for at least the 2011 season, I have the perfect man for the Buckeyes: Rich Rodriguez.

Here are five reasons why RichRod would be perfect for Ohio State.