Nick Saban Signs Contract Extension Through 2029
Nick Saban will not be going anywhere anytime soon. The Alabama Crimson Tide head coach signed a contract extension today that adds a year to his current deal, extending it to eight years and keeping him at the head of the program until February 2030 if he so chooses to stay that long.
The base salary and talent fee of $9.9 million for the current contract year will increase annually throughout the length of the contract, and there will also be a contract completion benefit of $800,000 payable at the end of the 2022, 2023, 2024 and 2025 contract years according to a press release from the University of Alabama.
The upcoming season will be Saban’s 16th at Alabama, during which he has won six national championships, equal to Bear Bryant and has a ridiculous winning percentage of .880. Coach Saban has undoubtedly caused a dramatic increase in enrollment from out of state students and has been the biggest part in building Alabama into a nationally recognized brand that stands for winning.
“We are incredibly fortunate to have the best football coach in the nation and one of the greatest coaches of all time, regardless of sport, here at Alabama in Coach Saban,” said Alabama Director of Athletics Greg Byrne. “Not only have his teams been successful on the field, but they have also achieved greatly in the classroom and community. Beyond that, the impact he and Ms. Terry have had on The University, Tuscaloosa and the state of Alabama cannot be overlooked. They are special people, and we are very thankful to have them around for many years to come. We are so proud of this program and the championship culture Coach Saban has instilled throughout.”
Without a doubt, coach Saban has impacted the Tuscaloosa community in more ways than just on the football field. And Crimson Tide fans can rejoice in the fact that he is not going anywhere anytime soon.