However, most of the financial punishment fell on Tressel, who was fined $250,000 by the NCAA in March and eventually resigned, giving up a $3.3 million yearly contract with a $450,000 maximum yearly bonus – the sixth highest salary in college football. Tressel’s contract went through 2014, so that’s a loss of approximately $13.2 million, plus bonus money.
The trouble isn’t over for Ohio State. Earlier, this month, three additional players – Jordan Hall, Travis Howard, and Corey Brown – were suspended for the Buckyes’ home opener against Akron for receiving $200 apiece at an unsanctioned Cleveland charity event. They have been cleared to play in Saturday night’s game.
The crime: According to a Yahoo! Sports report released in August, the Hurricanes could be in far deeper trouble than the Buckeyes. Former booster Nevin Shapiro, who is now serving a 20-year prison sentence for his role in a Ponzi scheme, alleges that he provided players with millions of dollars in illicit benefits, including parties, expensive dinners, trips to strip clubs, and, in one case, money for an abortion. Shapiro also claims that he offered “bounties” for injuries to key players on opposing teams.