Alabama’s Nick Saban reportedly gets extension, will make more than $11 million in 2017
Published 11:52 am Tuesday, May 2, 2017
- Alabama coach Nick Saban leads his team onto the field against Ole Miss at Vaught-Hemingway Stadium in Oxford on Sept. 17, 2016. (Bruce Newman)
All of Nick Saban’s success has Alabama’s football coach cashing in off the field, too.
The university’s Board of Trustees compensation committee has approved a contract extension for Saban that will keep him at Alabama through 2024, according to AL.com. The website reports the extension includes a $4 million signing bonus.
That will make his total pay $11.15 million in 2017. Saban’s base pay has actually been reduced from $6.9 million to $6.75 million, but his restructured contract includes a $400,000 bonus for completing each of the next two seasons, $800,000 for each of the two seasons after that and $3.6 million for completing the 2021 season, according to the website.
His previous base salary was the second-highest to Michigan’s Jim Harbaugh among FBS head coaches.
Saban, who left the Miami Dolphins to take over the Crimson Tide’s program in 2007, has a 119-19 record with four national championships at Alabama. He also won the 2003 title at LSU. He’s won at least 10 games each of the past nine seasons.