Ohio State coach Ryan Day's new contract includes an $11.5 million school buyout (per year remaining on the deal), $6 million coach buyout, max bonuses of $1.55 million and a $250,000 retention bonus in 2027, according to documents obtained by CBS Sports' Brandon Marcello.

COLUMBUS, Ohio — Ohio State football has inked an agreement with coach Ryan Day, extending him through the 2031 season with an annual compensation of $12.5 million. He will become the nation’s second-highest paid head coach, pending an approval of the deal by OSU’s board of trustees.

Ohio State rewarded Ryan Day with a new contract that makes him the second-highest paid coach in America, but that won't ease the pressure he faces in the ever-evolving college landscape.