Whenever it is about a huge paycheck or the highest paid American Football players and coaches, Nick Saban, the American Football coach, is the one at the top. 67-year-old Saban is currently the head coach of the University of Alabama (UA) since 2007, which reportedly is the fourth most rich program in the United States.
As we know that football is one of the expensive sports, it obvious that the veteran coach, professional since 1973, owns millions of dollars as his net worth, considering his huge salary. Furthermore, the father of 2 children with wife Terry Saban has already accumulated a jaw-dropping property empire. Let's get more details on Nick Saban's net worth, salary, properties, and earnings from his career.
With over 5 decades of experience, football coach Nick Saban has recorded 6 National Championship wins that includes 5 wins with UA's Alabama Crimson Tide. No doubt, Nick is worthy of multi-million dollar contract, and he is already signed with University of Alabama until 2025.
The Alabama head coach Nick Saban's net worth in 2018 was estimated to be around $45 million as per Celebrity NetWorth, while The Richest points out his fortune to be $30 million.
As of January 2019, the update on the net worth of Alabama's coach is under review.
Comparatively, Nick Saban's fortune in 2018 is more than that of his fellow coach (former) Jimmy Jhonson and NFL's Patriots coach Bill Belichick who own $40 million and $35 million respectively.
As reported, the current salary of Nick Saban for the 2018 season is around $8.3 million.
For a fact, the American football coach's payroll rose up by around $800,000 after he signed a new contract with the University of Alabama in July 2018.
Well, as per Forbes, in 2018, University of Alabama made a revenue of $127 million and a profit of $59 million, so it's not much unfavorable for them to invest in athletics.
Back in 2011, football coach Nick Saban recorded then-collegiate record of 146–54–1, while his current career stats record 232–63–1.
Ever since Saban accepted to become Alabama's 27th head coach on January 3, 2007, there has been no full stop to his fortune.
Recently on July 27, 2018, Nick Saban signed a new contract extension worth $74 million with Alabama Crimson Tide that extended the payroll and compensation of the football coach through 2025.
Just some months earlier, the Alabama football coach had signed an 8-year deal worth $65 million in May 2017, that promised to pay him $4 million signing bonus and $400,000 contract-year completion payment.
The new contract offers annual compensation of $7.5 million over the previous $6.725 million. Further, his new contract offers him a $400,000 annual raise on his salary every year, and also an $800,000 bonus on contract-year completion payment through 2025.
As per the new contract, he will earn $8.3 million in the 2018 season, that breaks down to the salary of $7.5 million and $800,000 for contract-year completion payment.
In a similar way, in the 2019 season, football coach Nick Saban will make $8.7 million including the increased annual salary of $7.9 million and $800,000 contract-year bonus.
From the previous contract of May 2017, Saban was set to make $32.5 million for the 2018 through 2021 seasons, while the new deal is likely to earn him a combined total of $38.8 million at the end of 4 seasons.
Did You Know? 2018 NFL season will end following Super Bowl LIII on February 3, 2019
After the new deal with Crimson Tide, football coach Nick Saban became the highest paid college sports coach of 2018, and his salary is often compared with many other highest-paid coaches.
Well, the deal made Nick past Ohio State's Urban Meyer, whose salary is $7.6 million for 2018 season. This is followed by Michigan's Jim Harbaugh, the husband of Sarah Feuerborn, with a season earning of $7.5 million.
Moreover, in December 2018, Nick Saban became the first college football coach to make $9 million in a season that included his $7.5 million payroll plus $800,000 incentives and other bonuses.
Check out Darren Rovell's Tweet!
With tonight's win, Nick Saban becomes the first college coach to make $9 million ($9,025,000) in a season.— Darren Rovell (@darrenrovell) December 30, 2018
$7.5 million salary
$800,000 new contract incentive
$75,000 for SEC title game
$50,000 for winning title
$400,000 for CFP semifinal
$200,000 for tonight's win
Even if Texas A&M's coach Jimbo Fisher signed the richest football-coach deal of 10-years for $75 million in December 2018, he will only earn $7.5 million a year, less in comparison to Nick Saban.
Back in 2007, then-coach for Miami Dolphins of NFL, football coach Nick Saban signed with Alabama Crimson Tide of University of Alabama.
His 8-year-contract worth $32 million made him the then- highest-paid football coaches. Well, we do have the information on Nick Saban year-wise salary and earnings.
|Year||Salary From Alabama|
In total, over a decade with Alabama, the head football coach's earnings are recorded to be in the neighborhood of $60 million till 2017 only.
With such a lucrative net worth, football coach Nick Saban owns many property empires in the United States.
Reportedly, he has a vacation house in Clayton, Georgia, but the purchase details of the house are kept secret. Nick Saban's Tuscaloosa Lake Home in Clayton, featuring mountains views and lake Burton, is one of the lavish houses he owns.
The 10,000 square foot property spread out over three levels with six bedrooms is located down the road from his another former investment that Nick Saban sold in an auction in 2013 for $10.95 million.
Sources reveal, the Alabama football coach formerly also owned a house in Baton Rouge, Louisiana.
Besides this, the millionaire coach Nick Saban has an island house in Boca Grande where he hangs out in off-seasons. Well, Nick Saban's fellow Clemson's coach Dabo Swinney also owns a vacation house on the island.
Surely, football coach Nick Saban and his family including his wife Terry and 2 children, live a lavish lifestyle, however, the head coach is not active on social media and prefers keeping the lifestyle update undisclosed.
You might not know but Nick Saban has collaborations with Mercedes-Benz of Birmingham and McSweeney Designs to create his signature series, Mercedes-Benz Sprinter.
Video: Nick Saban Signature Series
In 2015, the American football coach came up with his alluring model of Mercedes Benz that appeared to be 2015 Mercedes GT Edition 1, which got fame in no time.
Several of Nick's Crimson players including Alphonse Taylor, Mekhi Brown and Daylon Charlot, took to Twitter, admiring the beauty of his ride. The car was assumed to be worth $130,000.
Check it out!
I just want yall to understand how Saban kilt the game today..... Smh boy boy boy pic.twitter.com/xBH7aJ9uap— Alphonse Taylor (@SHANKK50) June 10, 2015
Besides this, Nick Sabon also owns other cars such as Mercedes Benz S550 ($120,000), Mercedes-Benz Vans, and many more.
For a fact, football coach Nick Saban has a dealership with Mercedes-Benz of Birmingham. His partnership also includes other carmakers like Maserati, Porsche, BMW, Jaguar, and Audi.
How much is Nick Saban net worth?
Nick Saban's net worth, in 2018, was estimated to be $45 million while the update of January 2019 is yet to be out.
What is Nick Saban's Salary?
For the 2018 season, Nick Saban is reportedly $8.3 million including $800,000 incentives.
Who is the highest paid coach in college football?
After signing a new deal in July 2018, Nick Saban is the highest paid coach in college football.
Where is Nick Saban house located?
Nick Saban's Tuscaloosa Lake Home lies in the shore of Lake Burton.
How much is Nick Saban's new contract worth?
The new contract of Saban, signed in July 2018, is worth $74 million.
Does Nick Saban have a car dealership?
Yes, Nick Saban has a dealership with Mercedes-Benz of Birmingham.