Breaking it down: ‘Tattoo-Gate’ scandal costs Ohio State almost $8M
Published: Monday, June 4, 2012
Updated: Saturday, June 16, 2012 01:06
Gene Smith announced the decision to vacate that money after an August 2011 meeting with the NCAA.
The money was later donated to charity.
As part of the NCAA sanctions announced in December 2011, OSU will be disqualified from postseason play after the conclusion of the 2012 regular season.
This bowl ban will also forfeit any chance OSU has at making the Big Ten’s distribution of Bowl money next season. A rough average of the share OSU would receive is about $350,000. So for the purpose of estimating here, the total bowl money lost will be about $740,000.
Again, the future bowl money is an estimate.
Wrapping up
This list is not an all-inclusive list of costs resulting from the scandal.
There was a $250,000 fine the university gave to Jim Tressel, but later waived that and paid him a June 2011 salary of $52,250. Jim Tressel’s last day as coach was May 31, 2011. That $52,250 is not included because it was part of his salary.
There are unknown costs associated with fulfilling an unbelievable amount of public records request. There is a cost associated with the university’s legal battle with ESPN about public records. There are costs of travel to Indianapolis for the NCAA investigation. And there are many more costs that are either part of everyday operation or that cannot be pinned down to only the scandal.
It should be noted that the athletic department is self-sustained and that no student dollars are a part of any of these costs. But at the same time, this is money that realistically the athletic department does not have anymore, or will not earn.
When I was standing on the sideline of the Illinois football game in Champaign, I looked up to the crowd and saw a simple, relatively uncreative sign that said in big bold letters, “O$U.”
Well, to that Illinois fan, here you go.
15 comments
"strategic engagement." How many years will he serve in that post ? Double-dipping into the retirement fund.
Shameful.....how these people can face themselves in the mirror every AM is amazing.

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