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Saban signs 3 year extention to carry him through 2017

Birmingham

Saban signs 3 year extention to carry him through 2017
« on: August 30, 2009, 09:14:12 AM »
http://blog.al.com/bamabeat/2009/08/nick_saban_agrees_to_threeyear.html



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Alabama coach Nick Saban has signed a three-year extension, taking his original contract through the 2017 season, the school announced today.

Talks began earlier this summer and were expected to be finalized in time for the 2009 season opener.

"Terry and I are pleased and happy that the University of Alabama has offered us an extension to our original contract," Saban said in a statement. "Our acceptance of the extension expresses our commitment to the University of Alabama for the rest of our coaching career. Dr. Witt and the University community have been tremendous in terms of their cooperation in rebuilding the football program. The outstanding support from Mal (Moore) and the athletic department have set the table for us to be successful. We greatly appreciate the time, effort and dedication of everyone involved with our football program, as well as all of the positive energy our fans have demonstrated since we've been in Tuscaloosa."

Contract details still have to be rubber-stamped by UA System Board of Trustees before going into effect. No reference to salary increase figures beyond the existing contract structure was made in UA's announcement, though that shouldn't be taken as a sign that no raise was involved.
 

Per terms of the original deal, Saban's salary is set to increase each year during the next four years. He made $3,750,000 during the 2008 season, with incentives pushing the total past $4 million. He is scheduled to earn $3.9 million this season, $4.1 million in 2010, $4.15 million the following year and $4.2 million in 2012, 2013 and 2014.

"Coach Saban has impressively led the Alabama football program back to national prominence in a short period of time," UA athletics director Mal Moore said. "That success has been evident in all facets - on-field results, his embrace of Alabama's athletics and academic culture, recruiting, and community service. In every way, Coach Saban has positioned our program among college football's elite."

"This contract extension is a clear statement of our mutual commitment to building on the foundation he has established."
« Last Edit: August 30, 2009, 09:15:02 AM by Birmingham »
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boartitz

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #1 on: August 30, 2009, 09:49:59 AM »
Houston Nutt was signed on with us till 2012. Just saying.
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Birmingham

Re: Saban signs 3 year extention to carry him through 2017
« Reply #2 on: August 30, 2009, 10:35:08 AM »
I know.  An extention isn't in anyway binding.  With that said, it sounds like Nick and Terry are happy in Tuscaloosa and it looks like at worst he will be here longer than any of our rivals expected (3-4 years).
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Tiger Wench

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #3 on: August 30, 2009, 11:47:06 AM »
Definitely.  Statements like that are carved in stone.

Signed,

Bobby Petrino
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AUChizad

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #4 on: August 30, 2009, 12:23:37 PM »
Does he still not have a buy out?

If that hasn't changed then all this does is spread uat's cheeks further apart than they already were.
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Re: Saban signs 3 year extention to carry him through 2017
« Reply #5 on: August 30, 2009, 12:38:01 PM »
From what I've been hearing lately, this probably means Saban is a dead man walking.  Lame duck.  History.

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Birmingham

Re: Saban signs 3 year extention to carry him through 2017
« Reply #6 on: August 30, 2009, 01:06:14 PM »
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From what I've been hearing lately, this probably means Saban is a dead man walking.  Lame duck.  History.

Care to explain or am I to assume that everything Kaos says about your intelligence is true?
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Re: Saban signs 3 year extention to carry him through 2017
« Reply #7 on: August 30, 2009, 01:50:39 PM »
Care to explain or am I to assume that everything Kaos says about your intelligence is true?

Forgot the sarcasm stamp.  Chizik was offered a two year extension as he left ISU...even though his "blueprint" sucked balls and he was running the program into the ground. 
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The Prowler

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #8 on: August 30, 2009, 03:37:14 PM »
Forgot the sarcasm stamp.  Chizik was offered a two year extension as he left ISU...even though his "blueprint" sucked balls and he was running the program into the ground. 
You don't know whatcha talkin' 'bout.

Signed,
Coach Sheila
Coach Dumbose
Coach Tuberville
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"Patriotism and popularity are the beaten paths for power and tyranny." Good, no worries about tyranny w/ Trump

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Birmingham

Re: Saban signs 3 year extention to carry him through 2017
« Reply #9 on: August 30, 2009, 04:40:00 PM »
You don't know whatcha talkin' 'bout.

Signed,
Coach Sheila
Coach Dumbose
Coach Tuberville

Difference with Coach Saban and those on your list is Saban doesn't suck.  We actually want him here.
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RWS

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #10 on: August 30, 2009, 06:36:39 PM »
Does he still not have a buy out?

If that hasn't changed then all this does is spread uat's cheeks further apart than they already were.
How do you figure that? He leaves for another job, he gets nothing else from his contract. He retires before the contract is up, he gets nothing else from the contract. If we fired him for an NCAA infraction, he gets nothing. The only way he gets something out of his contract is if we fire him without cause. I really don't see that happening anytime soon. How exactly do you figure thats spreading our cheeks further apart? Or are you just going off of the typical uneducated statement that "he gets his whole contract no matter what"? That is certainly not the case. Please explain how we're fucking ourselves. I would love to hear it. He doesn't have a buyout, but if he left for another job he doesn't get shit anyway. What does it matter?
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AUChizad

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #11 on: August 30, 2009, 06:37:33 PM »
Does he still not have a buy out?

If that hasn't changed then all this does is spread uat's cheeks further apart than they already were.
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RWS

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #12 on: August 30, 2009, 06:55:28 PM »
Does he still not have a buy out?

If that hasn't changed then all this does is spread uat's cheeks further apart than they already were.
Answered in the last sentence of my post. Again, he doesn't have a buyout, and he doesn't get shit if he leaves for another job. I don't see how thats spreading our cheeks. We're paying good money for a good coach. As long as we don't fire him for no reason, he's not going to get something for nothing should he leave. Please explain to me how we're fucking ourselves on this. 
« Last Edit: August 30, 2009, 06:56:07 PM by runswithscissors »
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The Prowler

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #13 on: August 30, 2009, 06:56:41 PM »

Wow, I did not know that.....

And b'ham, y'all wanted Coach Sheila there....remember, "bammer's back".
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"Patriotism and popularity are the beaten paths for power and tyranny." Good, no worries about tyranny w/ Trump

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Kaos

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #14 on: August 30, 2009, 09:00:07 PM »
Forgot the sarcasm stamp.  Chizik was offered a two year extension as he left ISU...even though his "blueprint" sucked balls and he was running the program into the ground. 

Spin, spin, spin, spin...
 :taunt:
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Kaos

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #15 on: August 30, 2009, 09:02:26 PM »
How do you figure that? He leaves for another job, he gets nothing else from his contract. He retires before the contract is up, he gets nothing else from the contract. If we fired him for an NCAA infraction, he gets nothing. The only way he gets something out of his contract is if we fire him without cause. I really don't see that happening anytime soon. How exactly do you figure thats spreading our cheeks further apart? Or are you just going off of the typical uneducated statement that "he gets his whole contract no matter what"? That is certainly not the case. Please explain how we're phuking ourselves. I would love to hear it. He doesn't have a buyout, but if he left for another job he doesn't get poop anyway. What does it matter?

Is his contract not guaranteed? 

Please show me the language where it says if he leaves for another job he gets diddly.  That wasn't the way I heard it. 
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RWS

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #16 on: August 30, 2009, 09:22:19 PM »
Is his contract not guaranteed? 

Please show me the language where it says if he leaves for another job he gets diddly.  That wasn't the way I heard it. 
Let me try and dig up the PDF of the contract, but that is seriously how it reads. His contract is guaranteed if he is fired for no reason in the contract, such as subpar season, etc. If he breaks an NCAA rule, then that is cause and he gets nothing.

http://www.al.com/alabamafootball/resources/saban-contract.pdf

Check the end of page 27, onto the beginning of 28. It pretty much explains how if he terminates without cause, he doesn't get anything. If you want to see all the different things that define "cause" for both parties, you can read the pages above page 24. Page 25 explains how Saban would be paid an amount equal to his base salary and talent fees for the remainder of the contract, if he is terminated with no cause. That should clear things up for everybody. 
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Re: Saban signs 3 year extention to carry him through 2017
« Reply #17 on: August 30, 2009, 10:20:57 PM »
Spin, spin, spin, spin...
 :taunt:

Nice. 

What is spin?  Him being offered a two year extension?  Or, the part where his blueprint sucked balls?   ...or is it spin only because in your opinion only, the only reason he was getting that extension was because he was on his way out the door and it was done for appearance of stability where there was none?  Which was where my sarcasm came in on the Saban extension... 

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Kaos

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #18 on: August 31, 2009, 12:09:20 AM »
Nice. 

What is spin?  Him being offered a two year extension?  Or, the part where his blueprint sucked balls?   ...or is it spin only because in your opinion only, the only reason he was getting that extension was because he was on his way out the door and it was done for appearance of stability where there was none?  Which was where my sarcasm came in on the Saban extension... 



It's your childish little way of trying to call somebody out so that when you get blasted, you can throw yourself on the cross and claim to be a martyr. 

Done with you, Chop.   You can play your games with somebody else.  I'm tired of toying with you.
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Tiger Wench

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Re: Saban signs 3 year extention to carry him through 2017
« Reply #19 on: August 31, 2009, 12:20:08 AM »
Are you really that obtuse? :blink:

It's not that if he leaves, he gets diddly.  It's that if he leaves you for another school, he pays no penalty and neither does the school hiring him.  The intent of a buyout is to make it less attractive for a coach to consider a job at another school.  If Meechigan State has to pay bammer $5M to "steal" Saban, they may consider someone else instead.  It is a punitive measure, bonehead.  If he leaves, it will be because someone else ponied up more money than bammer and he could give a shit about whatever he might be leaving on the table in Tuscaloser.  It is all about the benjamins, not about whose logo is stamped on the check.

So in other words, when he gets tired of putting up with y'all's inbred shit, he can leave without so much as a kiss and a wave good bye, the next school in line can throw all of its money at his salary without worrying about a buyout payment, and you guys are left holding the bag again...

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