How much money did Alabama football coach walk away from to retire?

Nick Saban has made quite the career out of football. The Alabama football legend, who shocked the college football world on Wednesday with news of his retirement, has for quite some time enjoyed a status as one of the sport’s highest-paid head coaches.

As the business of college football grew bigger and bigger, so too did Saban’s recurring contract extensions and annual salaries. In 2023, once again, Saban was the best-paid coach in the sport, boasting an $11.1 million salary for the college football season that dwarfed his closest contemporary, Georgia’ Kirby Smart ($10.8 million). It was part of a contract that went into effect in 2022 and which was set to run through Feb. 28, 2030.

Saban’s contract, of course, will no longer be a talking point in upcoming college football seasons. But his retirement, this early into his most recent extension, does raise the question: How much has Saban made working for Alabama? And how much is he leaving on the table by stepping away from the game?

MORE: Relive Nick Saban’s epic Alabama football coaching career with our special book!

Here’s all you need to know of Saban’s net worth, contract details and more:

Nick Saban contract details

Saban in August 2022 signed an eight-year contract extension that ran through February 2030. The extension, valued at roughly $93.6 million at the time of his signing, would also have seen him make $12.7 million for the 2029 season in base salary and talent fee.

It also made him the highest-paid coach in college football for the 2022 and 2023 college football seasons. He made $10.695 million and (assuming he is paid through the remainder of the contract year) $11.1 million, respectively.

Saban was scheduled to have made another $71.8 million over the remaining six years of his contract.

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Source link : https://sports.yahoo.com/nick-saban-contract-much-money-033548189.html

Author : The Tuscaloosa News

Publish date : 2024-01-11 03:35:48

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