According to a report from ESPN, Saban is set to make $8.425 million this coming season, and his new deal will include annual increases in salary in addition to completion bonuses, taking his average annual salary to the $10 million range over the life of the contract.
The new agreement extends the head coach’s current contract by three seasons and will run through February 28, 2029.
“Coach Saban is the best college football coach in the nation, and one of the greatest coaches of all time in any sport, and we are extremely fortunate that he has agreed to another contract extension at Alabama,” said UA Athletics Director Greg Byrne. “From the success of his teams on the field, to the accolades off the field and the accomplishments in the classroom, we could not be prouder of this program and what Coach Saban has done to create a championship culture in all aspects. Not only has the impact been felt here at The University, but throughout the community and the state thanks to all he and Ms. Terry have done through the Nick’s Kids Foundation and beyond. They are incredible people, and we are very thankful to have them around for many years to come.”
— Ian Rapoport (@RapSheet) June 7, 2021
Alabama football coach Nick Saban said the program was diligent over the past year w/o in/person recruiting, but he’s happy to leave it in the past.
— Jerell Rushin (@jerellrushin_) June 3, 2021