November 22, 2014
COLUMBUS, Ohio (AP) - Ohio State has given athletic director Gene Smith the additional title of vice president and has extended his contract through June 2020.
His base salary is now $940,484 a year.
Smith came to Ohio State in 2005 as AD and has seen the athletic department weather NCAA probation in its two big-money sports, football and men's basketball.
Under his new job description, in addition to continuing his role with the athletic department he also will oversee trademark and licensing deals and Ohio State's Schottenstein Center and several other buildings.
In a statement, Ohio State said that in fiscal year 2013 the athletic department transferred nearly $30 million in assessments to the university, including more than $16 million in grant-in-aid reimbursement.