Jim Tressel has been officially introduced as the next president of Youngstown State University where he coached from 1986 to 2000.
Cleveland.com has the full story:
Tressel signed a three-year contract that includes a salary of $300,000 a year for the first two years and the third year to be determined based on a performance evaluation, the university said. He will also receive an American-made car and housing.
If Tressel terminates the contract within a year, he’ll pay $200,000; he’ll pay $175,000 if he terminates within two, and $150,000 if he leaves within three years.
That clause was added because Tressel’s predecessor, Randy Dunn, left the university in March after serving eight months to become president of Southern Illinois University.
Tressel was one of three finalists for this position and even though he has only been in higher education for a few years, his strong ties to Youngstown State and the state of Ohio proved to be extremely beneficial.
