Alabama football coach Nick Saban receives massive contract extension
Alabama soccer coach Nick Saban's contract extension through the 2028 season is official after the University of Alabama System's Compensation Committee approved the deal in a virtual meeting on Monday.
The university announced that it had agreed to an extension with Saban in early June, a contract that would extend his contract for three years and keep him in Tuscaloosa until at least February 2029.
His base salary remains at $ 275,000. His 2020-21 talent fee was $ 8.425 million and will continue to grow by $ 400,000 annually. It will hit $ 11.225 million in the last year of renewal. With his base salary and talent fee, he is expected to earn $ 11.5 million in 2028-29.
Saban will be the first college coach to earn $ 10 million annual recurring compensation during this contract in 2023-24. He will also receive a $ 800,000 graduation award each year through 2025 if he finishes each season.
This article originally appeared in The Tuscaloosa News: Nick Saban Receives Massive Contract Extension From Alabama
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Alabama Crimson Tide
American football coach
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