Nick Saban has been referred to as the highest paid public employee in the country. Alabama fans could even argue that it’s a bargain.
Saban has brought five national titles and six SEC championships to the Alabama soccer program. Their teams consistently rank in the top five across the country. In college athletics, where athletes can’t sign lucrative contracts, Saban is the best choice – a head coach who continues to bring in the best recruits in the country to play at Crimson Tide.
Whether you think Saban should be paid more or less, the facts are simple: He has made and continues to make a lot of money. We analyze how much.
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Nick Saban salary in Alabama
Alabama must be to pay Saban a total of $ 9.1 million in the 2020 season. Based on a reworked agreement Saban signed prior to the 2018 season, his base salary must increase by $ 400,000 for the 2021 season to bring his pay next year to $ 9.5 millions. There are also charitable giving possibilities included in Saban’s current contract that raise his potential total salary for the 2020 season to $ 9.3 million.
Those terms are included in the most recent extension Saban signed with Alabama, prior to 2018. As of October 2020, Saban has not signed a new agreement with Crimson Tide. If no new terms are agreed upon, Saban’s contract will expire after the 2021 college football season.
According to the USA Today database, Saban is the highest paid college football coach in 2020, ahead of Ed Orgeron of LSU, Dabo Swinney of Clemson and Jim Harbaugh of Michigan, who are paid more than $ 8 million . Swinney was paid more than Saban in 2019, but the pandemic pay cut of more than $ 1 million in Swinney’s salary has put him below Saban, who has not seen a pandemic pay cut in his salary in 2020.
How much does nick Saban earn?
Saban has been training for two years as a graduate assistant in the early 1970s with Kent State, making it difficult to determine his exact net worth. The website CelebrityNetWorth determines that Saban’s net worth is $ 60 million.
In addition to Saban’s contract with Alabama (detailed below), data is available on his contracts at Michigan State, LSU and with the Miami Dolphins. At MSU, Saban earned $ 697,330 a year, according to the Los Angeles Times. His contract at LSU was to pay Saban $ 2.3 million in his first year and increase by $ 100,000 each year with potential bonuses Incorporated. Those gave Saban roughly $ 12.5 million in profit during those periods.
Saban signed a five-year, $ 22.5 million contract with the Dolphins. He only completed two seasons of that deal, just under another $ 10 million. And since joining Alabama, Saban has made nearly $ 80 million, not counting any sponsorship or appearance fees.
How much has Nick Saban made in Alabama?
|Year||Scheduled school payment||Actual school pay||Other||Total|
|2020||$ 9,100,000||$ 9,100,000||$ 200,000||$ 9,300,000|
|2019||$ 8,707,000||$ 8,707,000||$ 150,000||$ 8,857,000|
|2018||$ 8,307,000||$ 8,307,000||$ 0||$ 8,307,000|
|2017||$ 11,132,000||$ 11,132,000||$ 0||$ 11,132,000|
|2016||$ 6,939,395||$ 6,939,395||$ 0||$ 6,939,395|
|2015||$ 6,932,395||$ 6,932,395||$ 155,086||$ 7,087,481|
|2014||$ 6,950,203||$ 6,950,203||$ 209,984||$ 7,160,187|
|2013||$ 5,395,852||$ 5,395,852||$ 150,000||$ 5,545,852|
|2012||$ 5,316,667||$ 5,316,667||$ 160,071||$ 5,476,738|
|2011||$ 4,683,333||$ 4,683,333||$ 150,000||$ 4,833,333|
|2010||$ 5,166,666||$ 5,166,666||$ 830,683||$ 5,997,349|
|2009||$ 225,000||$ 225,000||$ 3,675,000||$ 3,900,000|
|2007||$ 225,000||$ 225,000||$ 3,278,200||$ 3,503,200|
Note: Data via USA Today. It is not clear at this time why the 2008 data is not available.
Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.