TUSCALOOSA, Ala. (AP) - Alabama coach Nick Saban has received a
three-year contract extension that will reward him richly if he
sticks around for the next nine seasons.
The university system's Board of Trustees compensation committee
unanimously approved the three-year extension through Jan. 31,
2018, on Wednesday. Saban would receive a series of three
completion bonuses totaling $5 million if he is still the coach
through 2011, 2014 and 2017. That means the contract would be worth
$42.35 million if he remains through the nine-year deal, or about
$4.7 million annually.
It also guarantees that he will remain among the top five
highest paid college football coaches.