Urban renewal: 6-year, $6.5 million contract extension

COLUMBUS, Ohio – Winning college football’s national championship has earned Buckeye coach Urban Meyer greater job security and a heftier paycheck.

Meyer has received a contract extension through 2020 season that will make him the second-highest paid coach in college football, behind only Alabama’s Nick Saban.

AP Photo/Eric Gray
OSU football coach Urban Meyer received a contract extension after the Buckeyes defeated Oregon last season to win the first College Football Playoff. AP Photo/Eric Gray

“I am honored to serve as football coach at The Ohio State University and to represent this great university,” Meyer said in a statement release Monday.

His previous contract ran through the 2017 season and would have paid him $4.9 million for 2015.

Under the new terms and extension, he will make $5.8 million in total compensation for 2015. His contract will average at least $6.5 million a year over the next six years.

Meyer has led Ohio State to a 38-3 record and is 24-0 in Big Ten regular-season play. The Buckeyes defeated Oregon last season to win the first College Football Playoff.