Chris Holtmann’s time at Ohio State is reportedly reaching an end with Wednesday reports of the Buckeyes parting ways with the head coach.

In order to part ways with Holtmann, the head coach is due a large buyout from Ohio State. According to ESPN’s Pete Thamel, the buyout for Holtmann is set at nearly $14 million.

That number likely does not account for a potential reduced buyout or offset language should Holtmann land a job elsewhere. Either way, that’s a steep cost to move on from the basketball coach at Ohio State.

Holtmann once had the Buckeyes as one of the more efficient programs in the Big Ten, reaching 20+ wins his first 5 seasons in Columbus. Ohio State made every NCAA Tournament in that stretch, including earning a 2-seed in the 2021 tournament.

Unfortunately, back-to-back disastrous seasons quickly caught up to Holtmann. The Buckeyes finished second to last in the B1G last season with a 5-15 conference record and finished below .500 (16-19 overall) for the first time since the 2003-04 season.

This year, Ohio State is 14-11 overall but is once again second to last in the league with a 4-10 conference record and 6 games to play. The Buckeyes are just 2-9 in their last 11 games played.