Chris Holtmann will be Ohio State’s new basketball coach, the Columbus Dispatch learned this morning.
The news was confirmed in a press release issued at 11 a.m. He will be publicly unveiled at a press conference Monday at 11 a.m. on the main floor at Value City Arena.
"Chris is focused on academics, is a high-integrity person, a relentless recruiter with Midwestern ties and a proven winner," athletic director Gene Smith said in the release.
The same plane that Smith used to fly to Omaha, Nebraska, on Wednesday to interview Creighton coach Greg McDermott was scheduled to fly to Indianapolis at 10:10 a.m., but that departure has been pushed back to 1:40 p.m.
The release states that Holtmann, who had signed a contract extension at Butler in April through the 2024-25 season, has signed an eight-year deal that will pay him around $3 million annually. A source told The Dispatch that he had a $2 million buyout at Butler.
Holtmann has been the head coach at Butler for the past three seasons, where he has won at least one NCAA Tournament game every year. He will replace Thad Matta, the winningest coach in program history, who was fired Monday after 13 years.
Holtmann emerged as the front-runner Thursday afternoon in a search that Smith had promised at least two members of the team that would be completed by the weekend. The two sides were known to be close late Wednesday night, but a deal had not yet been reached.
Ohio State assistant coach Chris Jent and Creighton coach Greg McDermott are the only other confirmed names to have interviewed for the position.