Nick Saban signs extension but raises questions
Nick Saban has signed a contract extension this year that will pay him $11.1 million in 2017 as part of an eight-year deal that will pay theĀ coach a total of $65 million – and that’s before bonuses that could pay him another $700,000 per year until 2024.
Also seeing their salaries bumped are new AD Greg Byrne (who only took the job in June), as well as his assistants, led by co-defensive co-ordinator Tosh Lupoi, who will earn $950,000, while new offensive co-ordinator Brian Dobell has re-signed until January 2020 in a $1.2 million salary deal.
Record
Saban’s record at Alabama is stunning – 119-19 over the last 10 years, with four of those years leading the Crimson Tide to a National Championship.
During his tenure at Alabama Saban has not been immune from the loss of co-ordinators, who have gone on to varying successes. Former OC Jim McElwain is the head coach of Florida, former DC Kirby Smart is the head coach of Georgia and most recently, OC Lane Kiffin in the head coach of Florida Atlantic University, while offensive line coach and recruiter supreme Mario Cristobal is now the co-offensive co-ordinator at Oregon.
The deal is great for Saban, his family, for Alabama fans still worrying he might leave for Texas, and of course, his agent Jimmy Sexton, who should be pocketing a tidy amount for the negotiation.
Alabama and other schools
In the time that Saban has been in charge of Alabama, the school has made more than $100m from football – which is absolutely stunning. And football’s success and the subsequent financial income has meant good news for the other non-revenue-making sports ‘on the Alabama roster’, which are being kept afloat by the thousands of fans buying tickets, shirts, hats and probably pets called ‘Crimson’ just for bathing in the light of the pigskin.
Oh, and rival schools – whether they like to say it or not – probably love Saban’s success, because every time the Crimson Tide come to town there is more fanfare than a Royal Wedding in Britain, leading to higher TV exposure. The SEC certainly loves Alabama’s success – Saban’s made the conference look better. ESPN and CBS have enjoyed the Crimson Tide for viewing figure purposes, and those charming people on the secondary market who concentrate on Tuscaloosa games are probably driving Mercs.
But what about the students?
The biggest annoyance we have with a deal like this for Saban is that Alabama players over the years of Saban’s multi-million dollar success have been paid exactly $0. Of course, there are stipends (and we suspect under-the-table ‘players’ donations’ given by boosters (it being the SEC), but that’s nothing if you consider what Alabama has made in terms of sports revenue.
Of course, the likes of Paul Finebaum and many Alabama fans will argue that Saban’s contract is worth it, and we’d agree – if you are thinking about the price paid by the university itself. There are a ton of players who have profited from Saban’s teaching, too. Especially the 22 first round picks who played for Saban in Tuscaloosa (65 in total have gone pro).
But there are a ton of players who have played for Saban and have come out with exactly nothing, while their coach has reaped the financial rewards.
I’m sorry, but that doesn’t seem right.