Coming off a National Championship and a 38-3 record over the last three years, Ohio State and Urban Meyer have reached an agreement on a contract extension. Bruce Feldman from FOX Sports reported that he has signed a contract extension through 2020 that will pay him an average of $6.5 million over the next six seasons.

Ohio State athletic director Gene Smith said in a statement via ESPN.com

Urban Meyer has done an excellent job strengthening our culture of commitment to academics, career development and winning championships. Our young men continue to thrive under his leadership, whether on the playing field where they are national champions, through life skills pursuits like Real Life Wednesdays, internships and job fairs, and academically through program-wide efforts to monitor the progress of every student-athlete which has helped the team achieve its highest graduation success rate at 78 percent.

Additionally, he continues to develop his coaches and attract talented leaders when needed.

Meyer overcame quarterback injuries and improved to 24-0 in the Big Ten - not to mention the first College Football Playoff Championship. With this contract extension, Urban Meyer becomes the highest paid coach in the Big Ten.