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Nick Saban, Alabama agree to terms on contract extension

Nick Saban has won 3 national championships at Alabama. (Ronald C. Modra/Getty Images) Nick Saban has won 3 national championships at Alabama. (Ronald C. Modra/Getty Images)

The University of Alabama and Nick Saban have agreed to terms on a contract extension, according to Kirk Herbstreit of ESPN.

The two sides agreed to a multi-year deal on Friday that will keep Saban in Tuscaloosa after a week of speculation that the coach may be interested if the job were to open up at the University of Texas.

ELLIS: Quarterback Everett Golson readmitted to Notre Dame

The length of the extension has yet to be made public, but TideSports.com has reported it will raise Saban's salary to between $7 and $7.5 million a year. Saban made $5.4 million this season.

https://twitter.com/KirkHerbstreit/status/411671536811388928

https://twitter.com/AlabamaFTBL/status/411683959060561920

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