Alabama coach Nick Saban is getting a brand new eight-year contract price at the very least $93.6 million, eclipsing the current megadeal of Southeastern Convention rival Kirby Good.
The College of Alabama trustees compensation committee on Tuesday accepted the extension by Feb. 28, 2030 for the 70-year-old Saban, who has led the Crimson Tide to 6 nationwide titles. Saban’s deal averages out to $11.7 million per 12 months, topping Good’s $11.25 million pay at defending nationwide champion Georgia.
The announcement comes a month after Smart agreed to a 10-year deal price greater than $110 million. The Bulldogs beat Alabama within the nationwide championship recreation in January.
The 2 be part of Ohio State’s Ryan Day, LSU’s Brian Kelly, Michigan State’s Mel Tucker and Texas A&M’s Jimbo Fisher as school soccer coaches who will make at the very least $9 million in 2022.
Saban’s deal features a wage and expertise payment of $9.9 million this 12 months with $400,000 annual raises. Saban can obtain an $800,000 completion bonus on the finish of February in every of the subsequent 4 years, plus different bonuses.
His contract ensures his pay will stay at or close to the highest of the heap amongst school soccer coaches.
Saban would get a lift if his deal is lower than the typical complete pay of the three highest-paid Southeastern Convention coaches or the typical of what the 5 highest-paid coaches in school soccer are making. He’d obtain the upper of the 2 averages.
Saban agreed to a three-year extension in June 2021 for $84.8 million over eight years.
Alabama athletic director Greg Byrne is receiving a three-year extension by June 30, 2029 with a 5% increase. He’ll make $1.49 million this 12 months with raises pushing his wage to $1.91 million for 2028-29.
The monetary phrases of the contracts turn out to be official upon the formal approval by the College of Alabama System Board of Trustees.
Reporting by The Related Press.
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