The word out of Tuscaloosa is that not only is Nick Saban staying at Alabama–he’s getting a big raise. Reports place Saban’s new deal as worth anywhere from $7 to $7.5 million per year. Saban’s old deal, $5.4 per year, was pretty sweet. But his new contract further illustrates the difference between the haves and have-nots in Division I College athletics.
Saban’s new salary means he will make more than many D1 schools spend on athletics as a whole. Not just on football, but on athletics as a whole. In fact, Saban’s new salary means he will make more than the projected 2013-14 budgets of half the SWAC’s programs. That includes Alabama A&M, a SWAC school in the same university system as the Crimson Tide. His salary is double that of the entire athletic budget at Coppin State University in Baltimore.
According to a USA Database, the new Nick Saban salary will pay him more than 12 Division I athletics departments spent on athletics in 2012. Nine of those programs were HBCUs. Check out the list below.
1. Coppin State– $3.5 million
2. Mississippi Valley State– $4.6 million
3. Alcorn State– $5.6 million
4. Maryland-Eastern Shore– $5.7 million
5. Jackson State– $5.9 million
6. Savannah State– $6 million
7. Southern– $ 6.6 million
8. Alabama A&M– $6.6 million
9. Grambling State– $6.9 million
Editor’s note: The salary number for Nick Saban continues to grow. Heading into the 2022 season, Saban was slated to make better than $11 million on an annual basis.