Saban's contract sent to board of trustees
By Josh Cooper
email@example.com · 340-2460
Nick Saban's contract as Alabama head football coach is complete, and now all that is required is the stamp of approval from the school's board of trustees.
Athletics director Mal Moore released a statement Wednesday announcing the completion of the contract.
"The contract for head football coach Nick Saban has been sent to board of trustees for approval," Moore said. "We worked together to complete this agreement even as we proceeded with recruiting, spring football practice and adjustments in the coaching staff, and we are pleased that it has been finalized."
The board of trustees athletics committee and compensation committee will meet Thursday at 5 p.m. to review the contract, then the entire board will convene Friday.
Once the board has approved the contract, University of Alabama president Dr. Robert Witt will sign off on it.
All three processes are considered formalities.
Saban was introduced as coach at a press conference Jan. 4, but had not signed a contract until recently. The deal is believed to be worth about $32 million over eight years, the richest in collegiate football per year for a head coach.
Florida coach Urban Meyer recently received a pay raise that bumps him up from $2 million per year to a reported $3.25 million, making him the second highest paid coach.
Oklahoma coach Bob Stoops is third with a deal for 2007 that could bring him $3 million in salary and incentives.
At an Alabama Sports Writers Association meeting Sunday, which Moore attended, he indicated that the finished product of Saban's contract would happen sometime this week though he did not indicate when.
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