Alabama extends Saban's deal, boosts pay
Monday, March 26, 2012
TUSCALOOSA, Ala. (AP) -- Alabama coach Nick Saban has parlayed the Crimson Tide's second national championship in three years into a raise and contract extension.
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 remains among the college football's highest paid coaches, along with Mack Brown of Texas ($5.2 million) and Oklahoma's Bob Stoops ($4.875 million).
He made $4.7 million last season plus part of a prorated $5 million completion bonus.
Alabama also gave defensive coordinator Kirby Smart a $100,000 raise to $950,000. New offensive coordinator Doug Nussmeier will make $590,000.
Both coordinators have three-year deals.