Nick Saban, Alabama negotiating contract extension

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Nick Saban has lead the Crimson Tide to three national championships. (Kevin C. Cox/Getty Images)

Nick Saban has lead the Crimson Tide to 3 National Championships. (Kevin C. Cox/Getty Images)

The University of Alabama is in talks with Nick Saban about a contract extension that would pay the coach around $7 million a year, according to's Gil Brandt.

Rumors that Saban would consider leaving Alabama if the University of Texas job became available have floated throughout the 2013 season, intensifying with stories of Mack Brown's imminent departure from the program surfacing on Tuesday.

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Saban is already the highest-paid coach in the country with a 2013 salary of $5,545,842. A pay increase would ensure the four-time national champion would retain that title.