COLUMBUS Ohio
Ohio State gave men’s basketball coach Thad Matta a raise of almost $500,000, boosting his salary to just under $2.5 million a year, and added a year to his contract to extend it through the 2016 season.
In an addendum approved by the Ohio State Board of Trustees on Friday, Matta, in his fourth year as head coach, picked up another year on his contract by virtue of winning the 2007 Big Ten regular-season title.
He was paid almost $1.9 million a year ago under terms of a contract he signed in 2006. The contract addendum announced Saturday morning bumps his base salary $100,000 to $475,000 and the money he receives for “media, promotions and public relations” by $380,000 to $830,000.
“I appreciate the opportunity to continue on with what we set out to do three years ago and that is to build a national-level program,” Matta said in a statement. “We are excited with the support Ohio State, the alumni and our great fans have given our program. I am extremely grateful for this opportunity.”
The raise makes Matta’s salary approach that of football coach Jim Tressel, who makes more than $2.6 million a year.
The addendum also provides a free jet for personal use for 15 hours per year up from 10 hours in the old contract.
