By: AP via NewsObserver.com -

COLUMBUS, Ohio — Ohio State athletic director Gene Smith said Tuesday that the $250,000 fine levied against coach Jim Tressel for violating NCAA rules may not even cover the cost of the investigation.

“It’ll probably eat up the whole $250 (thousand),” Smith said. “I’m not sure. We haven’t done any projections.”

Declining to address the ongoing NCAA investigation into Tressel’s violation, Smith also said he didn’t know when Tressel’s problems would be resolved.

In an interview with The Associated Press, Smith said Tressel was supposed to apologize in March at a news conference on the situation but failed to do so, and that only after meeting with Smith did the coach finally say he was sorry in a public forum.

Tressel has been suspended for the first five games of the 2011 season for failing to notify Ohio State officials of emails he received as early as…..

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