Nick Saban will remain as Alabama’s football coach on an eight-year deal worth $93.6 million after university trustees approved the contract extension Tuesday.
With the contract, the 70-year-old Saban again becomes college football’s highest-paid coach. His contract will pay an average yearly salary of $11.7 million, surpassing the $11.25 million annual average value of the 10-year contract Kirby Smart signed with Georgia in July.
Saban now is under contract through February 2030, when he will be 78.
“Our family is very happy to agree to a contract extension with The University of Alabama,” Saban said in a news release. “(Wife) Terry and I are very appreciative of the unmatched commitment the university has shown to this football program and our family over the last 15-plus years. This is our home, and we look forward to finishing our career at Alabama.
“I’ve said this before, but the most fulfilling part of our job is seeing the players that represent our program grow and develop, not only in football, but more importantly in what they have been able to accomplish in their lives because of their involvement in our program.”
In the 2022 season, Saban will earn $10.7 million. His salary will rise incrementally to $12.7 million in the 2029 season, The Athletic reported.
Saban is entering his 16th season as head coach of the Crimson Tide. Since his hiring before the 2007 campaign, Alabama has a 183-25 record with six national championships and three losing appearances in the title game.
The Crimson Tide have appeared in six of the past seven NCAA College Football Playoff championship games, winning three and losing three. They were voted this week as the nation’s preseason No. 1. team.
Trustees also approved a three-year contract extension for athletic director Greg Byrne through 2029. The Athletic reported he will receive a 5 percent raise.
