The employment contract for Alabama football coach Nick Saban was extended by two years this afternoon by the compensation committee of the board of trustees.
The deal will run through the 2019 season and includes raises.
He will make $5.1 million next year and will be escalated by $50,000 after the season. After that, it will go up by $100,0000 a year. (The number has been corrected from previous post. The conference call broke up briefly and I misheard the 2012 figure)
Saban’s contract was last extended just days before opening the 2009 season that ended with a national championship.
That amendment called for his 2017 salary to be in the $4.2 million-range. He’ll instead make more than $5.5 million that year under the terms of the new contract approved today.
Click here for details on raises, contracts for all assistants.
Here is the breakdown of Saban’s salary by season.
- 2012 (February 1, 2012 to January 31, 2013) $5,316,666.67
- 2013 (February 1, 2013 to January 31, 2014) $5,366,666.67
- 2014 (February 1, 2014 to January 31, 2015) $5,466,666.67
- 2015 (February 1, 2015 to January 31, 2016) $5,566,666.67
- 2016 (February 1, 2016 to January 31, 2017) $5,666,666.67
- 2017 (February 1, 2017 to January 31, 2018) $5,766,666.67
- 2018 (February 1, 2018 to January 31, 2019) $5,866,666.67
- 2019 (February 1, 2019 to January 31, 2020) $5,966,666.67
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