The Associated Press reports that the Buckeyes will still receive their share of the Big Ten bowl payout after next season, even though they are ineligible to play in a postseason game. The Big Ten has no rule against ineligible teams receiving a share of the league's payout, which comes from a common pool and is divided equally among the 12 conference teams.
In fact, Ohio State might end up doing better financially in 2012, because schools often spend so much money on travel, tickets and other expenses on their bowl trips that they are lucky just to break even. This time, the Buckeyes can just sit home, incur no expenses and cash the check.
The school's big financial hit actually came at the end of the 2010 season, as Ohio State voluntarily forfeited its $389,000 share of the Big Ten payout as a self-imposed penalty in response to the NCAA investigation.
The Buckeyes are spending more this season on their staff, too, the Columbus Dispatch reports. Urban Meyer officially completed his staff on Thursday, and the nine assistants are making nearly $1 million more than last season's staff. Former head coach Luke Fickell is the highest-paid assistant, making $750,000 as defensive coordinator. Co-defensive coordinator Everett Withers is next at $450,000, and offensive coordinator and quarterbacks coach Tom Herman will make $420,000.