Nick Saban Gets Pay Raise

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By CBS 8 News

Story Created: Mar 26, 2012 at 4:03 PM CDT

Story Updated: Mar 26, 2012 at 4:05 PM CDT

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.



(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 
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