Alabama football coach Nick Saban will receive a new contract extension worth an average of $10.6 million per year through the 2028 season, according to Alex Scarborough of ESPN.
The school's board of trustees approved the new deal Monday, which will pay Saban a salary of $8.7 million in 2021 and increase $400,000 each year.
There are also significant incentives in the contract, including $800,000 for winning a national championship and $125,000 for winning an SEC title. Saban has a good chance to cash in on these incentives considering his success over 15 years with the Crimson Tide, featuring six national championships.