Bama Gives Nick Saban New $74 Million Contract
MONTGOMERY, Ala. (AP) – Alabama coach Nick Saban has received a new eight-year deal worth at least $74 million.
The agreement runs through the 2025 season and was announced on Friday. Saban gets a one-year extension with a sizable raise for the 66-year-old coach, who has led the Crimson Tide to five national championships over the past nine seasons.
Saban’s salary will increase to $7.5 million this season and go up by another $400,000 in each subsequent year. He also gets an $800,000 signing incentive this year and would receive the same amount for completing each of the next three seasons – 2019, 2020 and 2021.
He had received an eight-year deal worth at least $65 million in May 2017.
Then Saban claimed his fifth title with the Crimson Tide in January with a come-from-behind, overtime win over Georgia thanks to a quarterback switch that paid off.
___
More AP college football: https://collegefootball.ap.org and https://twitter.com/AP_Top25
(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Leave a Reply