The Buckeyes finished 13-1 last season, Day's first as head coach. He also coached three games in the 2018 season when Urban Meyer was serving a suspension and won all three of those games.
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“Ryan Day’s management of this football program, from mentoring and leading our student-athletes in their academic pursuits and off-field endeavors to coaching them on the playing field, has been exceptional,” Senior Vice President and Wolfe Foundation Endowed Athletics Director Gene Smith said in a press release. “I am appreciative of his work. And I want to thank President Michael V. Drake for his leadership and the Board of Trustees for its work with this extension.”
According to an Ohio State press release, "Day's contract pays him $5.375 million from Feb. 1, 2020 through Jan. 31, 2021, plus the University will make an employer contribution of $1 million to his retirement continuation plan on Dec. 31, 2020. He will receive his current salary through June 30, 2020. Beginning July 1, 2020, Day will be paid at an annualized rate of $6.0 million per year through January 31, 2021. Day’s compensation for the 2021 season will be $6.5 million and his total compensation for the 2022 season will be $7.6 million."
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