Nick Saban’s New Eight Year Contract Worth Over $84 Million
TUSCALOOSA, Ala. (AP) — Alabama coach Nick Saban will make $11.5 million in the final year under a new eight-year contract that’s worth at least $84.8 million.
The university released details Monday of Saban’s previously announced deal, after the board of trustees’ compensation committee formally approved it.
Saban, who has won a record seven national championships, is set to make $8.7 million this year with annual raises of $400,000. That includes a $275,000 base salary and $8.425 million in personal service, or talent, fees.
Saban, who turns 70 on Oct. 31, also can receive an $800,000 completion bonus each Feb. 28 through 2026 totaling up to $4 million. His pay, not counting bonuses, in 2028-29 would be $11.5 million.
Saban was scheduled to make $9.3 million last year, which kept him as college football’s highest-paid coach, according to USA Today’s database of college football salaries. LSU’s Ed Orgeron, Clemson’s Dabo Swinney, and Michigan’s Jim Harbaugh also topped $8 million, according to the database.
Alabama is coming off another national championship season, including the second perfect record under Saban. His record seventh national title — including a BCS crown at LSU in the 2003 season — broke a tie with former Alabama coach Bear Bryant among FBS coaches.