Nick Saban gets raise, extension

Discussion in 'College Football' started by truebluefan, Mar 28, 2012.

?

Will Nick Saban spend the rest of his career at Alabama?

Poll closed Apr 11, 2012.
  1. Yes

    0 vote(s)
    0.0%
  2. No

    0 vote(s)
    0.0%
  1. truebluefan

    truebluefan Administrator Staff Member Administrator

    Joined:
    Apr 15, 2010
    Messages:
    212,768
    Likes Received:
    821
    Trophy Points:
    113
    [​IMG]

    Alabama coach Nick Saban said he received overtures for other jobs after claiming the second national title in three years. Instead of bolting, he has received a raise and contract extension worth $5.62 million a year that he said represents his intention to finish his career in Tuscaloosa.

    "From my standpoint, the acceptance of this extension represents our commitment ... to the University of Alabama for the rest of our career," Saban said. "We made that decision after the season when other people were interested."

    The university's board of trustees approved a two-year extension for Saban on Monday that will run through Jan. 31, 2020. He'll receive $5.32 million in 2012 with a $50,000 raise next year and $100,000 annually after that.

    Under the deal, he'll make $5.97 million in 2019.

    Saban will make nearly $45 million over eight years in base salary ($245,000) and what Alabama calls "talent fees." The contract represents a $500,000 raise in talent fees plus longevity pay and the built-in raises.

    Read more: http://espn.go.com/college-football...grant-coach-nick-saban-raise-2-year-extension
     

Share This Page