Alabama finalizes Nate Oats’ contract

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

TUSCALOOSA, Ala. – A little less than two months ago, the University of Alabama hired Nate Oats has the new men’s basketball coach and Wednesday Alabama’s board of trustees finalized Oats’ contract.

The board`s compensation committee approved the understanding signed in March; the five-year contract pays $2.45 million a year plus a $12,000 annual expense account.

Oats was going to be paid a little more than $800,000 a year at Buffalo.

The details for a buyout were also included ranging from $1.8 million to $9.2 million depending on the year.

The committee also approved a raise for assistant Antoine Pettway, the only staff member who made the jump from the Avery Johnson era. The former Tide star player will make $325,000 a year in a two-year contract.

Trending Stories