HUNTSVILLE, Ala. (WHNT)-- University of Alabama head football coach Nick Saban has agreed to a contract extension that will keep him in Tuscaloosa.
Details on the agreement are not available at this time but the Tuscaloosa news is reporting the deal to be worth anywhere between $7 and $7.5 million dollars annually.
Last March, Saban signed an extension through 2020 which was worth $5.62 million per year. However after swirling rumors of a much larger offer coming from the University of Texas, Alabama AD Bill Battle and his head coach began talking about a new deal, which is now finalized. Saban released this statement through the University on Friday night.
“We are very pleased to have this agreement completed,” said Saban. “Terry and our family are very happy in Tuscaloosa. It has become home to us. This agreement allows us to continue to build on the tremendous success that we have enjoyed to this point - successes that have transcended the football field. We are excited about the future and the University of Alabama is where I plan to end my coaching career. We are committed to continuing the work that we have been doing in the community as well as at the University. We are also excited about the opportunity awaiting us on Jan. 2 in the Allstate Sugar Bowl against the University of Oklahoma and hope to send this year’s tremendous senior class out in the proper way.”
Terms of the contract must still be approved by the Alabama board of trustees.
Stay with WHNT NEWS 19 for more details.