FILE - Alabama Crimson Tide Head Coach Nick Saban addresses the media during the SEC Football Kickoff Media Days on July 19, 2022, at the College Football Hall of Fame in Atlanta, GA. (Jeffrey Vest/Icon Sportswire via Getty Images)TUSCALOOSA, Ala. - Alabama coach Nick Saban is getting a new eight-year contract worth at least $93.6 million, eclipsing the recent megadeal of Southeastern Conference rival Kirby Smart.The University of Alabama trustees compensation committee on Tuesday approved a one-year extension through Feb.
28, 2030, for the 70-year-old Saban, who has led the Crimson Tide to six national titles. Saban's deal averages out to $11.7 million per year, topping Smart's $11.25 million pay at defending national champion Georgia.The announcement comes a month after Smart agreed to a 10-year deal worth more than $110 million.
The Bulldogs beat Alabama in the national championship game in January.The two join Ohio State’s Ryan Day, LSU’s Brian Kelly, Michigan State’s Mel Tucker and Texas A&M’s Jimbo Fisher as college football coaches who will make at least $9 million in 2022.Saban's deal includes a salary and talent fee of $9.9 million this year with $400,000 annual raises.
Saban can receive an $800,000 completion bonus at the end of February in each of the next four years, plus other bonuses."(Wife) Terry and I are very appreciative of the unmatched commitment the university has shown to this football program and our family over the last 15-plus years," Saban said in a statement.