Nick Saban reached agreement on a multiyear contract extension with Alabama that will keep him at the school, according to multiple reports on Friday night.
The extension will ensure that Saban remains the highest-paid coach in college football at more than $5.62 million, CBSSports.com reported. Saban had signed an extension in March that runs through the 2020 season.
An announcement on the terms of the latest extension is forthcoming, according to the CBSSports.com report.
Saban, 62, is 74-14 in seven years as Alabama coach and has guided his teams to three of the last four national championships. The Crimson Tide, 11-1 this season, play Oklahoma in the Sugar Bowl on Jan. 2.
Rumors have swirled that Saban might be headed for Texas. He repeatedly has denied interest.
“I messed with Coach, (saying) he’s getting too old to start up again somewhere else,” Alabama quarterback A.J. McCarron said Thursday night at the college football awards presentation ceremony in Orlando, Fla. “He told me he’s not leaving. And I know Miss Terry (Saban’s wife) well enough; she runs that house. And she’s not allowing Coach to leave either. I think he’ll be at the University of Alabama for a little while.”
The Texas job has yet to open, but coach Mack Brown’s status could be in jeopardy after his teams have gone 30-19 the past four seasons.
Brown met with Texas athletic director Steve Patterson and university president Bill Powers on Friday. All three were present for the Longhorns’ football banquet on Friday evening.
Patterson, who took over as Texas athletic director in November, refused to discuss what was discussed during the private meeting with Brown or whether any decision had been made.
ESPN reported that Brown is fighting to save his job. After spending part of the day recruiting, Brown gave a short, upbeat speech at the banquet but did not discuss his future.
The Longhorns (8-4) face Oregon (10-2) in the Valero Alamo Bowl on Dec. 30 in San Antonio.