Urban Meyer has agreed to a seven-year contract with the Ohio State Buckeyes, sources report.
Fox 8 reports that Meyer's contract as head coach of the Buckeyes football team includes a cool $40 million.
Meyer was previously the head coach of the Florida Gators before resigning due to health concerns.
As we reported yesterday, Meyer had not confirmed the offer or acceptance of the position, but he made it clear he is in a good place to accept such an offer.
"I'm in a good place right now mentally and physically. So if something happens with Ohio State, I'll have a decision to make. But there has been no interview. There has been no offer to make a decision about," Meyer said.
Meyer had been pulled from Saturday's Big Ten broadcast, fueling rumors that he was close to finalizing a deal with Ohio State University.
Read more about Urban Meyer's new deal here.