Urban Meyer will step down as the head coach of the Ohio State Buckeyes. Despite his scandal-ridden career as a coach, he amassed an estimated net worth of $30.0 million in 2018.
He will be succeeded as Buckeye Nation’s head coach by Ryan Day. The troubled coach has recently had to cope with the domestic abuse scandal involving his former assistant coach, Zach Smith.
However, Ryan Day was able to negotiate a significant wage because of Meyer’s high pay.
|About Urban Meyer|
|BIRTH||July 10, 1964, Ohio|
|SPOUSE||Shelley Mather Meyer 1986-Present|
|CHILDREN||Nicole Meyer, Gisela Meyer, Nathan Meyer|
|ALUMNI||Ohio State University|
|AWARDS||Home Depot Coach of the Year Award in 2004, Eddie Robinson Coach of the Year in 2004|
|TEAM||Ohio State Buckeyes|
In 2018, he negotiated a pay raise
Urban Frank Meyer, a native of Ohio, was born on July 10, 1964, in Toledo. He is now 54 years old. He began coaching college football two decades ago after graduating from Ohio State University with a master’s degree in sports administration.
Before coming home to lead the Ohio State Buckeyes in 2012, Meyer coached other collegiate teams to victories, including the Florida Gators. At first, he agreed to a six-year deal worth $4.0 million annually with an additional $2.4 million in “retention payments.” He became one of the wealthiest college football coaches in the nation thanks to his compensation.
During his time at Ohio State, Meyer led the Buckeyes to three Big Ten championships and the 2014 NCAA championship. That’s probably why the school board felt he merited a pay boost more than the $800,000 he was due in 2018.
After the 2017 season, Ohio State granted him a $1.2-million raise rather than the $800,000 that had been promised. They revised a two-year contract extension, raising his pay to $7.6 million, on a level with Nick Saban of Alabama, the highest-paid college coach at the moment.
In terms of the revenue the football team brings in for the university, the Buckeyes were assessed to be worth $100.0 million. However, several commentators believed that Meyer’s dismissal as a result of the current scandals might cost the team its sponsors.
Now, Meyer has declared that he will leave the NFL before the end of his contract, after the 2019 Rose Bowl, citing health reasons. The value of the Buckeyes would undoubtedly decrease without Meyer.
Meyer has had a difficult few months because of criticism for how he handled Zach Smith, his former assistant coach, being accused of domestic abuse. He was then given a three-game, no-pay suspension at the beginning of the 2018 season.
Meyer would have earned less than $9 million in compensation if his contract had been extended until 2021. However, some analysts think he might not have fully retired yet.
He Was a Highly Desired Coach
Meyer’s first position in collegiate coaching was as a graduate assistant for Earle Bruce’s Buckeyes squad, where he worked as Bruce’s mentor and head coach at the time. Bruce, Zach Smith’s grandfather, passed away in April 2018.
Meyer would later become an assistant coach at Notre Dame, Colorado State, and Illinois State during the course of the following 13 years. In 2001, he spent his first season in charge at Bowling Green University. Later, in 2003, he accepted the position of head coach at the University of Utah.
He was voted the Mountain West Conference’s Coach of the Year in his first season at Utah. He received the Eddie Robinson Coach of the Year Award and the Home Depot Coach of the Year Award in 2004.
Under his direction, the teams at Bowling Green and Utah saw great success. Other colleges who wanted him as head coach noticed him because of it.
Meyer accepted the job as head coach of the Gators at the University of Florida in 2005 after much speculation.
Meyer was followed by controversy
He agreed to a $14.0 million, seven-year contract to lead the Gators. He then signed a contract extension worth $3.25 million annually.
In 2009, he obtained a further $24.0 million contract extension. He was now the highest-paid coach in the SEC and the third-highest-paid college football coach in the nation thanks to the agreement.
His time at Florida wasn’t without controversy, either. During his tenure as coach, 31 Gator players were detained for a variety of crimes. Meyer received criticism for how he handled the legal situation involving his players.
Nevertheless, he would guide the Gators to victories in the 2010 Sugar Bowl and two BCS National Championship Games. But in 2009, following a health crisis, he would take an indefinite leave of absence.
He left his position as coach and began a short broadcasting career. Before returning to coaching at Ohio State, he spent a year covering college football matches for ESPN.
He purchased a $1 million home in Ohio
Meyer joined the Buckeyes in 2012 after being named head coach of Ohio State in November 2011. Just in time for spring practice, he and his wife Shelley were able to secure a residence.
13 miles from the campus, in Dublin, Ohio, Meyer bought a house. The 11,000-square-foot house cost $1.45 million to purchase. The seven-bedroom mansion had an outdoor pool and was situated on a golf course.
The Meyers previously lived in Gainesville, Florida, before relocating to Ohio. In 2012, their $1.7 million six-bedroom house with an indoor pool and a sizable living room to accommodate the entire team was put on the market.
Here is how other college football coaches stack up against Urban Meyer.
|Urban Meyer||$30.0 million|
|Nick Saban||$45.0 million|
|Dabo Swinney||$20.0 million|
|Jim Harbaugh||$15.0 million|
|Jimbo Fisher||$13.0 million|
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