Ohio State athletic director Gene Smith is set to take on more responsibility with the university as part of a four-year contract extension announced by the school.
The deal, which still needs to be approved by the university board of trustees, includes a salary increase, promotion to vice president and extension until June 30, 2020. Smith's current contract was set to expire in 2016.
According to the Columbus Dispatch, Smith will continue in his current role as athletic director. His promotion to vice president will add, among other things, several sports business responsibilities to his job.
In his new role, Smith will have broader control over the business side of university sports and entertainment venues. He will have joint oversight of the Office of Business and Finance in OSU's Business Advancement Division, which includes the Jerome Schottenstein Center, the Blackwell Inn, Drake Union, the Fawcett Center and the Office of Trademark and Licensing Services.
He also will be responsible for an agreement with Nationwide Arena to bolster revenue and find new opportunities to work together with the university.
"Gene Smith is one of this country's most accomplished collegiate athletics directors, with an exemplary record of national leadership and service," Ohio State interim president Joseph A. Alutto said in a statement released by the school. "Thanks to his dedication to student success, graduation success rates of Ohio State's student-athletes have risen by 11 percentage points, to 89 percent. His vision and commitment to excellence have made Ohio State's Department of Athletics one of the strongest in the nation."