Nick Saban Just Signed A Record-Setting Contract Extension

By on May 9, 2017 in ArticlesSports News

In just the past two years, Alabama head coach Nick Saban has led his team to a national championship and came within one second of another title. That's just about the best you can do as a coach – and his school is rewarding him accordingly.

Saban will make $11.125 million this coming season after signing a three-year contract extension. The extension includes a $4 million signing bonus. In total, the eight-year deal, which runs through the end of January 2025, is scheduled to pay Saban $65 million. He can add to that with incentive bonuses of up to $700,000 each year.

The $11.125 million Saban will receive is the most any coach across college sports has made in a single season. Alabama also approved new contracts for both the team's assistant football coaches. Offensive coordinator Brian Daboll will receive $1.2 million per season for the next three years. Defensive coordinator Jeremy Pruitt will make $1.3 million next season, with a $100,000 raise each of the following two seasons. Outside linebackers coach Tosh Lupoi nearly doubled his salary from last year and will make $950,000 over the next three seasons. In total, Alabama's nine on-field assistants will make just under $6 million this year.

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Greg Byrne, the Crimson Tide's incoming athletics director, will have a base salary of $1.2 million. His predecessor barely made more than $700,000. Alabama clearly isn't shy about handing out money.

Saban is even protected in the event the university fires him without cause. If that happens, the school owes him a buyout of up to four years' worth of his base salary, plus the "talent fee" for endorsement rights and TV and radio appearances. That total alone is worth $26.9 million.

Saban's contract was last altered in 2014 when it was tweaked to be worth a little more than $6.9 million per season over eight years. That made him the highest-paid public school football coach at the time. However, Jim Harbaugh surpassed him and will make $7 million this season and $7.5 million the following year.

Saban's annual contract includes his base salary ($245,000 annually), the "talent fee" ($6.48 million annually) and a bonus payment if he is still the head coach at the end of any regular season. Those "contract-year completion" payments are the only part of his contract that can vary. It'll be $400,000 next year but will balloon up to $3.6 million in 2021.

That same year, Saban will make $10.325 million. Every other year of his contract, he'll make at least $7.125 million. Not too shabby.

Saban has compiled a 119-19 record during his 10 seasons at Alabama, winning four national championships.

Articles Written by Joey Held
If there's a story anywhere in the world of music, sports, or entertainment, Joey wants to tell it. He's been freelancing since 2010, and prior to that, he attended the University of Miami, where he double majored in broadcast journalism and sport administration. A Chicago native, Joey currently resides in Austin, TX. Follow him on Twitter and always feel free to suggest a song for his next karaoke performance. Joey's favorite billionaire is Mark Cuban.
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