Chris Holtmann is Ohio State’s next basketball coach, and the job comes with quite the raise for the 45-year-old.
Holtmann’s eight-year deal is worth about $3 million annually, Ohio State announced in a release, adding “Final details of the deal are being finalized and will be released at a later date.”
College basketball reporter Adam Zagoria previously reported the news, saying Holtmann would make $3.1 million per year with the Buckeyes for a total of $25 million over eight years.
I'm actually told it's 8 years guaranteed. And no press conference today although an announcement could come today. https://t.co/eank25eIDC
— Adam Zagoria (@AdamZagoria) June 9, 2017
A $3.1 million deal would make Holtmann the eighth-highest paid coach in college basketball, according to numbers obtained by USA Today. He made just more than $1 million per season at Butler, according to Zagoria.
Holtmann is heading from Butler to Columbus after a successful three-year run as the Bulldogs coach. Holtmann won 70 games in three seasons, and the Bulldogs went to the NCAA Tournament every year.
The Buckeyes, who fired Thad Matta on Monday, have not been to the NCAA Tournament since the 2014-15 season.