Updates from Friday, Dec. 13
University of Alabama Director of Athletics Bill Battle is pleased to announce that head football coach Nick Saban and the University have concluded a new long-term agreement.
"We are very pleased to have this agreement completed," said Saban. "Terry and our family are very happy in Tuscaloosa. It has become home to us. This agreement allows us to continue to build on the tremendous success that we have enjoyed to this point - successes that have transcended the football field. We are excited about the future and the University of Alabama is where I plan to end my coaching career.
"We are committed to continuing the work that we have been doing in the community as well as at the University. We are also excited about the opportunity awaiting us on Jan. 2 in the Allstate Sugar Bowl against the University of Oklahoma and hope to send this year's tremendous senior class out in the proper way."
"We are pleased to announce that head football coach Nick Saban has agreed to a new long-term agreement," said Bill Battle, University of Alabama Director of Athletics. "Coach Saban is the best in the business and has led our program to the pinnacle of college football. This agreement is a strong indication of our mutual commitment to building on the foundation he has established."
"The entire University of Alabama family is thrilled that Coach Nick Saban will continue to be the head coach of the Crimson Tide," said Dr. Judy L. Bonner, University of Alabama President. "We appreciate the commitment that he and Terry have to our players and their success on the field, in the classroom and throughout their lives. Coach Saban's passion for excellence combined with his hard work and integrity are hallmarks of his teams, who are champions in every way."
"The University of Alabama has finalized a contract agreement with the finest football coach in our country and this contract will keep Nick Saban at the University of Alabama for the remainder of his career," said Dr. Robert E. Witt, Chancellor of the University of Alabama System.
From ESPN's Kirk Herbstreit:
Breaking News....Nick Saban has agreed to a multi year contract extension to STAY at Alabama! Details to come out soon!!— Kirk Herbstreit (@KirkHerbstreit) December 14, 2013
Orangebloods.com's Chip Brown confirmed the news:
A source close to the situation just confirmed Nick Saban has agreed to a new contract at Alabama.— Chip Brown (@ChipBrownOB) December 14, 2013
Aaron Suttles & Cecil Hurt of Rivals.com provides contract details:
Nick Saban is staying at the University of Alabama, just like he said all along. Saban reached an agreement Friday that is expected to raise his salary to between $7 and $7.5 million per year from his current annual compensation of almost $5.4 million and extend his term as head football coach of the Crimson Tide.