Columbus, OH, United States (4E Sports) – Ohio State coach Urban Meyer has pocketed $150,000 after No. 1 Notre Dame lost to No. 2 Alabama in the BCS National Championship Monday.
Meyer, a former Notre Dame assistant coach, did not bet on the game but the Fighting Irish’s 42-14 loss to the Crimson Tide moved the Buckeyes to No. 3 in the final ranking, giving him a $150,000 bonus based on his amended contract.
Meyer actually had a chance to pocket $250,000 if the Buckeyes ended in the No. 2 spot but they were beaten by Oregon to the spot after a convincing Fiesta Bowl victory over Kansas State.
The Buckeyes were banned from postseason play as part of punishment handed to the school during Jim Tressel’s tenure as coach.
Alabama coach Nick Saban, the highest-paid coach at $5.3 million per year, will get a $200,000 bonus for finishing No. 1 aside from the $110,000 bonus he earned for getting his team to the game.
Florida’s top 10 finish has given coach Will Muschamp a $50,000 bonus. Rival Florida State finished eighth in the coaches’ poll to secure coach Jimbo Fisher a $50,000 bonus.
Oregon’s Chip Kelly gets an automatic one-year extension worth at least $4 million for leading the Ducks to at least 11 wins.
South Carolina’s victory over Michigan in the Outback Bowl has given coach Steve Spurrier $200,000 bonus while Kansas State’s Bill Snyder settled for a $50,000 bonus after the Wildcats finished outside the top 10.
Louisville’s victory over Florida led the Cardinals to a No. 13 ranking, which gives coach Charlie Strong a $25,000 bonus.