Ohio State's Ryan Day to get $487K bonus for filling in for Urban Meyer

Haskins, OSU pull away in second half (2:45)

Dwayne Haskins takes over in the second half for Ohio State, throwing two and running for another in the 40-28 win against TCU. (2:45)

Ohio State's Ryan Day will be paid a bonus of $487,000 at the end of the month for his work leading the Buckeyes football team in Urban Meyer's absence. Meyer will lose more than $500,000 as a result of his recent suspension.

Day signed the contract addendum for the bonus pay this Monday, according to records released Wednesday by Ohio State. Meyer praised Day's work as "elite" during the past six weeks, during which No. 4 Ohio State won its first three games of the season.

"He's done, and this coaching staff has done, phenomenal," Meyer said Monday. "You guys are witness to it."

Meyer returned full time this week after serving a three-game suspension for failing to uphold the standards of the university when handling a string of misbehavior by former assistant coach Zach Smith, which includes allegations of domestic violence. A two-week investigation completed in mid-August found that Meyer didn't manage Smith appropriately and misrepresented what he knew about domestic violence allegations made by Smith's ex-wife when asked about the former coach in July.

Day was the team's top leader from Aug. 1 through Sept. 2. He also served as the head coach during games in the following two weeks. That means he was paid more than $14,000 per day on top of his $1 million salary for his work as the acting head coach.

Meyer's pay was reduced by $570,507.68 as a result of the suspension, according to a separate document released by the university Wednesday. Ohio State President Michael Drake sent a letter to Meyer on Aug. 30 outlining the agreed-upon decrease in pay. The letter was signed by Meyer and athletic director Gene Smith.

Gene Smith was also suspended for the first three weeks of September as a result of the same weekslong university investigation that led to Meyer's suspension. Smith was docked $60,711.16 from his $1.4 million annual salary.

The university also agreed to pay the law firm that directed its investigation into the matter up to $500,000. The final bill for that work has not yet been made public.