Nick Saban will remain in the money for years to come.
The University of Alabama football coach signed a lucrative, three-year contract extension Tuesday, according to the Alabama athletics website. Saban’s extension could tie him to Alabama through the 2024 season and will keep him among the highest-paid coaches in college football.
“Terry (Saban) and I are pleased and happy to agree to the contract extension The University of Alabama has offered us, ensuring our time here in Tuscaloosa will continue for many more years,” Saban said in a statement. “This has become our home and we are looking forward to finishing our career at Alabama.”
Keeping Saban, 65, out of the clutches other schools or NFL teams with head-coaching vacancies is among Alabama’s top priorities. His contract includes a $4 million signing bonus and a season completion payout after the 2021 season worth $3.6 million, according to ESPN’s Alex Scarborough.
ESPN’s Darren Rovell breaks down Saban’s compensation for the next five seasons.
Nick Saban now will make an average of $8.7M a year over next 5 seasons
2017: $11.15M
2018: $7.15M
2019: $7.55M
2020: $7.55M
2021: $10.35M— Darren Rovell (@darrenrovell) May 2, 2017
Saban’s salary also dwarfs those of most public employees.
Alabama football coach Nick Saban will make more than 92 TIMES what Alabama's governor Kay Ivey will make this year.
— Darren Rovell (@darrenrovell) May 2, 2017
Nick Saban's $11.25 million salary makes him, by far, the highest paid government employee in America. Federal, state, or local.
— Andrew Siciliano (@AndrewSiciliano) May 2, 2017
Alabama has won four national championships since appointing Saban as coach in 2007, and NFL teams have drafted 65 Crimson Tide players since 2009.
With this new job security, high salary and the potential for continued success, it’s hard to imagine Saban coaching anywhere else.
Thumbnail photo via Marvin Gentry/USA TODAY Sports Images
