Nick Saban’s Net Worth in 2024: How rich is the former Alabama HC?

Legendary HC Nick Saban has been a revered figure in the collegiate football circuit. Ending his 17-season tenure at Alabama, the 72-year-old has announced his retirement from coaching. Amid all speculations regarding the HC, exactly how much fortune has he made in his career and what is Nick Saban’s net worth in 2024?

Nick Saban was a Kent State graduate where he played defensive back for the Golden Flashes. Prior to his time at Kent State, Saban was the signal caller for the West Virginia state championship team.

It was in 1973 that he would step into his coaching career as a graduate assistant at Kent State and has since worked his way up the ranks.

Nick Saban took his first HC job at the University of Toledo by the end of 1989. However, his time there was short-lived as he would sign with the Cleveland Browns as defensive coordinator in the NFL.

Saban has also been the head coach for LSU, Michigan State, and the longest of them all – at Alabama. Before starting his 17-year tenure with the Crimson Tide, Nick Saban had served as HC for NFL franchise Miami Dolphins from 2005 to 2006.

As the coaching legend retires from the sport with 7 National Championships at the age of 72, here’s all about Nick Saban’s net worth in 2024.

Nick Saban’s Net Worth

Former college football HC Nick Saban has an estimated net worth of over $70 million in 2024. Over the course of his long coaching career, Saban has made an impressive fortune for himself.

His annual salary made him one of the highest paid individuals in the collegiate football circuit. Bonuses made way to his net worth with each State title he led his team to.

Nick Saban has made over $121 million in career earnings alone during his tenure with Alabama from his annual salary alone. Contractual bonuses have also added substantially to his total wealth.

Contracts and Salary

Nick Saban was on an eight-year contract extension worth $93.6 million, inked in 2022 with the University of Alabama. For the last two seasons, Saban has been making a stable salary worth $1,105,000, (a retention fee of $800,000 inclusive) along with a talent fee of $9,595,000.

His average annual salary amounted to $10,695,000 for the 2023 season and was set to reach $11 million in 2024 per the terms of the contract. His long tenure with the Crimson Tide has added significantly to his overall fortune where his career earnings have long crossed the hundred-million mark.

This eight-year long extension could have seen him continue at Alabama through the 2029 season. However, it seems the remaining years of his contract will be waived as Saban has announced his retirement from coaching.

Bonuses

Nick Saban has had a long and successful coaching career at the top of the collegiate football circuit. With seven National titles beside his name, Saban has created a legacy hard to replicate.

In fact, six out of his seven National titles came with Alabama – and with the Championship glories came lucrative bonuses. The Alabama HC received $13,142,857 with every State Championship he led the Crimson Tide to, per AS.

For the current season, Saban could earn $125,000 if his side won the SEC title, and $800,000 for the National Championship.

Additionally, the HC would make $100,000 more if the program’s graduation rate made the top four in the SEC.

Besides his coaching career, Nick Saban is expected to have invested in a handful of business ventures. However, the specific details of these brand endorsements or business partnerships are not privy to the public.

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