Win championships. That is one thing that Nick Saban has done in order to earn the ridiculous contract from the Alabama Crimson Tide that will easily make him the highest paid head coach in collegiate sports. Heck, some professional coaches are blushing at Saban’s new deal with the Tide.
Although Alabama finished 11-2 with a Sugar Bowl loss to the Oklahoma Sooners in 2013 — considered a down-year for Saban — it will be back in the hunt for a national title in 2014. Saban has won three national titles in his seven seasons with the Crimson Tide.
Those three titles are the main reason for the 62-year-old head coach’s major pay increase that will raise his salary from $5.4 million per year to an unthinkable $6.9 million per season — unanimously approved by the University of Alabama Board of Trustees. The new deal will also add two years onto his contract and give him a possible $400,000 completion bonus.
Sure, Saban might not be there until 2022 like his contract says, but this is going to start a dangerous trend.
What do I mean by ‘dangerous trend’? As he is nearing the end of his coaching career, other head coaches will be getting major pay increases because Saban’s will be the new benchmark. The top coaches in the nation will be aiming to earn what will now be considered as “Nick Saban money.”
When you win four collegiate national titles with two different schools and compile a record of 74-15 at your current school, you deserve to be paid like the best.
However, Saban’s new deal might just be too much. I get that Alabama doesn’t want him bolting for the NFL, but paying him an extra $1.1 million per year is very steep for a 62-year-old coach.
He was already the highest paid coach with Bret Bielema of Arkansas right behind him, but now it’s not even close.
Get ready, college football. Alabama just opened up a can of worms.