Saban's salary will increase to $7.5 million this season and go up by another $400,000 in each subsequent year.
MONTGOMERY, Ala. (AP) — Alabama coach Nick Saban has received a new eight-year deal worth at least $74 million.
The agreement runs through the 2025 season and was announced on Friday. Saban gets a one-year extension with a sizable raise for the 66-year-old coach, who has led the Crimson Tide to five national championships over the past nine seasons.
Saban's salary will increase to $7.5 million this season and go up by another $400,000 in each subsequent year. He also gets an $800,000 signing incentive this year and would receive the same amount for completing each of the next three seasons—2019, 2020 and 2021.
He had received an eight-year deal worth at least $65 million in May 2017.
Then Saban claimed his fifth title with the Crimson Tide in January with a come-from-behind, overtime win over Georgia thanks to a quarterback switch that paid off.