After a one-year contract extension was granted by the University of Alabama Board of Trustees compensation committee, Alabama head coach Nick Saban once again holds the title of the highest-paid coach in college football. Saban’s new deal extends his contract through the 2029 season and guarantees him over $90 million over the next eight years.
His annual basic salary will grow to $305,000 at the end of the term. The “talent fee” is the most important portion of Saban’s contract, and it increases over the course of the deal from $9,595,000 in the 2022 season to $12,395,000 at the end of the contract when Saban is 79. In addition, from 2022 until 2025, Saban will earn an annual contract completion reward of $800,000.
A contract extension with The University of Alabama is something that “our family is very thrilled to agree to,” Saban stated in a statement. “Terry and I are grateful for the University’s undying support of the football team and our family over the past sixteen years.
Our future is at Alabama, and we couldn’t be more excited. I’ve mentioned it before, but the best part of my work is witnessing the personal and professional growth of the players that represent our program.
— Bleacher Report (@BleacherReport) August 23, 2022
Many thanks to the Board of Trustees, Chancellor Finis St. John, President Stuart Bell, Athletic Director Greg Byrne, the rest of the athletics administration, the football team, and the entire University community for all of their help and encouragement.”
Saban’s new deal guarantees him a salary of $10.7 million in 2022 before bonuses, putting him ahead of Kirby Smart, coach of the Georgia Bulldogs, whose compensation is $10.25 million. In July, Smart inked a 10-year, $112.5 million contract, making him the highest-paid college football coach for a short time.
Saban has a new contract that guarantees him an annual salary of $11.7 million. The last two national championships were won by Saban and Smart.
Saban has been the highest-paid coach in the sport for a long time, and rightfully so. This year, the Alabama coach surpassed the $100 million barrier in his lifetime earnings at Alabama, capping off what is arguably the greatest run in college football history.
Nick Saban is now the highest-paid coach in college football💰
Nick Saban is making $10.7M in 2022 and it will increase to $12.7M by 2030 🐐 pic.twitter.com/SoMr3Rz5yO
— Alabama DieHards (@DiehardsAlabama) August 23, 2022
Byrne remarked that Coach Saban is “one of the greatest coaches of all time, regardless of sport,” and that Alabama is “very blessed” to have him as a football coach. “His teams have excelled not only in competition but also in the classroom and the community.
Moreover, his and Ms. Terry’s influence on The University of Alabama, Tuscaloosa, and the state of Alabama is immeasurable. We’re lucky to have them in our lives, and we hope they stick around for a long time. The winning mentality that Coach Saban has fostered here is something we can all be proud of.”
Saban has led Alabama to a 178-25 record and six national titles. Saban has won more national titles than any other college football coach in history, including one for LSU in 2003. Moreover, the Crimson Tide are ranked first in the preseason AP Top 25 because they have returned both Heisman winner Bryce Young and Nagurski winner Will Anderson, who are, respectively, the top offensive and defensive players in the sport.
On October 31, the great coach will turn 71 years old. Saban has made clear that he is not planning to retire anytime soon, and his teams consistently rank among the best in the country.
“My job is something I really enjoy doing. I think it’s great “According to what Saban reported on the SEC Network. “I enjoy interacting with the players, seeing them compete, and learning new skills in advance of games.
To put it simply, I adore it. All I can think about is what I’m going to do if I ever have to stop doing what I’m doing now, so I’d appreciate it if you’d ask the other coaches who come up here why they tell the recruits I’m going to retire when I have no intention of retiring. My question is, how can I find fulfillment in life if I am no longer a coach?”
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