Nick Saban, an American college football coach, has a Net Worth of a whopping $60 million as December 2023.
Alabama Sports Hall of Famer, Saban’s career record as a college head coach is 261-66-1.
Similarly, Bear Bryant and Nick Saban are the only coaches to win the SEC championship at two different schools.
One of the greatest coaches in college football history has been the head football coach at the University of Alabama since 2007.
Before Alabama, he served as the head coach of Miami Dolphins of National Football League and other three universities, including the University of Toledo, Michigan State University, and Louisiana State University.
Moreover, Saban has won seven national titles as head coach which is the most in college football history.
|Full Name||Nicholas Lou Saban, Jr.|
|Birth Date||October 31, 1951|
|Birth Place||Fairmont, West Virginia|
|Nick Name||Nick Saban|
|Education||Kent State University|
|Father’s Name||Nick Saban, Sr.|
|Mother’s Name||Mary Saban|
|Siblings||One; Dianna Saban|
|Age||72 Years Old|
|Height||5ft 6 inches|
|Hair Color||Light Brown|
|Profession||Operative, Businessman, Scouting Assistant|
|Current Team||University of Alabama Football Team|
|Active Years||1995 – present|
|Kids||Kristen Saban, Nicholas Saban|
|Net Worth||$60 million|
|Last Update||December 2023|
Nick Saban: Net Worth and Income
One of the greatest American college football head coaches, Nick Saban, has an astounding net worth of $60 million as of December 2023.
Nick is consistently one of the highest-paid football coaches in the world.
Nick Saban signed a contract extension with Alabama in June of 2014, which keeps him there till 2022.
The extended deal is worth about $55.2 million.
Out of which, $23 million is guaranteed even if he gets fired at some point throughout the mentioned contract period.
The contraction extension made sure that he gets paid $6.9 million a year as a base salary which is a significant increment compared to his previous salary of $5.6 million a year.
Furthermore, in the year 2017, Nick became the highest-paid coach in college football earning $11.5 million, including bonuses on top of his base salary.
The salary also made Nick the highest-paid public employee in the entire Alabama state.
Generally, NBA and NFL coaches are on the list of top earners, but with his new contract, he rivals among his fellow basketball and baseball coaches.
Moreover, Nick again signed a whole new 8-year contract with Alabama worth $70.6 million in June of 2021.
According to the recently extended deal, his base salary is $8.8 million a year.
Apart from coaching, Nick also makes from his business endeavors. Nick Saban owns several businesses in the states, which also contributes to his net worth.
Here’s the list of the earnings of Nick Saban over the years:
|2021||Salary from Alabama Crimson Tide||$10.35 million|
|2020||Salary from Alabama Crimson Tide||$7.55 million|
|2019||Salary from Alabama Crimson Tide||$7.55 million|
|2018||Salary from Alabama Crimson Tide||$7.15 million|
|2017||Salary from Alabama Crimson Tide||$11.5 million|
|2015||Salary from Alabama Crimson Tide||$7 million|
|2014||Salary from Alabama Crimson Tide||$7.1 million|
|2013||Salary from Alabama Crimson Tide||$5.5 million|
|2012||Salary from Alabama Crimson Tide||$5.4 million|
|2011||Salary from Alabama Crimson Tide||$4.8 million|
|2010||Salary from Alabama Crimson Tide||$5.9 million|
|2009||Salary from Alabama Crimson Tide||$3.9 million|
|2007||Salary from Alabama Crimson Tide||$3.5 million|
Apart from base salary, Nick has tons of other bonuses which hike his pay each year. Some of which are listed below:
|Playing in the SEC Championship Game.||$75,000|
|Winning in the SEC Championship Game.||$125,000|
|Playing the bowl game||$65,000|
|Playing in a New Year’s Six bowl game||$90,000|
|Playing in a playoff game||$200,000|
|Playing in a championship game||$300,000|
|Winning the national championship game||$400,000|
|If voted SEC coach of the year||$25,000|
|If the voted national coach of the year||$50,000|
|If academic APR is above 925||$50,000|
|If the graduation rate is in the top 50 percent of the SEC||$50,000|
|If the graduation rate is in the top four of the SEC||$100,000|
Net Worth of Nick Saban in Different Currencies
So, Let’s have a look at the net worth of Nick Saban in different currencies as of December 2023.
|Pound Sterling||£ 43.97 million|
|Australian Dollar||A$ 81.42 million|
|Canadian Dollar||C$ 74.71 million|
|Indian Rupee||₹ 4,524,558,000|
Houses and Cars
Nick and his wife purchased an 8,700 square feet house in Tuscaloosa, Alabama, in 2007 for $2.9 million, which he sold in 2013 for $3.1 million.
However, even after selling the house, they continued living there because of the part of the deal with the university.
With the same offering, he had purchased the house of American football player Bear Bryant house before moving to Tuscaloosa.
Similarly, Nick also owned a house in the North Georgia Mountains.
The 9,600 square feet house, which sat in 1.7 acres of land, had 700 feet of Lake Frontage, which was auctioned off in 2013 for just under $11 million.
After getting rid of the property, Nick purchased another home on Lake Burton at a similar price, so he did not have to move very far.
Apart from that, Nick also owned houses in Texas and Georgia at some point in his career.
Nick Saban has been spotted in a black Mercedes-Benz S-class on several occasions.
Mercedes-Benz S-Class costs about $109,000.
Similarly, Nick made a headline over social media when someone clicked the picture of his 2015 Mercedes-Benz GT Edition 1 in the head coach parking spot.
The car costs about $130,000.
Other cars in his collection include Mercedes-Benz Sprinter.
Nick Saban is living a pretty affluent lifestyle with his wife and children.
He is married to Terry Saban, and together they have two kids; Kristen and Nicholas.
Apart from base salary and bonuses, Nick receives numerous other benefits according to his contract.
According to the contract, Alabama will pay for Nick’s life insurance with a death benefit of $5 million as long as he is employed. However, he would have to agree to any requirements like a physical exam to be eligible.
Nick also has full access to the school’s private jet for up to 25 hours of personal use. Flight time is use-it or lose-it each year.
Nick also gets athletic apparel for personal use from time to time, as determined by the Athletic Director.
Apart from that, Nick also gets two full-sized automobiles on a load basis with liability insurance pre-paid by the university.
Moreover, Saban also gets 12 general admission tickets per game located in the north end zone of Bryant Denny Stadium.
And last but not least, the school provides Nick with a membership to a golf or country club in Tuscaloosa County. Alabama pays the monthly membership dues.
With that being said, Nick has no place to spend his fortune on but invest in some savvy business ventures because almost everything is pre-paid by his job.
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Despite what charity says, Nick Saban has always been generous when it comes to donating to those in need.
Nick solely has donated over $3 million to charitable organizations, which are roughly 10% of his gross income.
Reportedly, the Sabans have donated roughly $6 million to more than 150 charities through their foundation since they arrived in Tuscaloosa, Alabama.
They have teamed up with Habitat for Humanity and Project Team Up to make contributions of thousands of dollars to scholarship programs.
Saban has assembled a remarkable collection of investments and business relationships during his coaching career.
Perhaps the most lucrative off-field venture of the Sabans is his Nick Saban Signature Series Mercedes-Benz Sprinter.
Nick Saban has a line of custom Mercedes-Benz Sprinter with six-foot ceilings, leather massage seats, and three television sets worth just a little more than $200,000.
The Van also comes with Nick’s signature on the exterior and headrests. The fully custom Sprinter is sold by the Birmingham, Alabama Mercedes-Benz dealership, which is owned by Saban himself.
It is just one of 23 other businesses in which Nick and his wife either serve as corporate officers or hold 5% or more of ownership.
Some of the other business portfolios of Nick and his wife include a strip mall near East Lansing, a Mercedes-Benz dealership, an upscale residential development in Alabama, and apartment buildings in Louisiana, Houston, and Baton Rouge.
Saban also holds a real estate license and has been active in those investments.
Nick Saban was born Nicholas Lou Saban Jr. on 31st October 1951 in Fairmont, West Virginia, United States.
He grew up with his sister in the small town of Monongah. Nick went to West Virginia University.
After that, Nick attended Kent State University, where he obtained a bachelor’s degree in business.
And in 1975, he obtained his master’s degree in sports administration.
He played football at Kent University as a defensive back under Coach Don James.
Furthermore, he began his career serving as an assistant coach for Syracuse University, the Naval Academy, Ohio State University, and Michigan State University.
He gained experience as an assistant coach before finally making a move as a head coach for the University of Toledo in 1989.
And rest is literally history.
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Unknown Facts About Nick Saban
- Nick became the first coach in college football history to win a national championship with two different Football Bowl Subdivision schools since the beginning of the AP Poll in 1936.
- Nick did not have any plans to pursue coaching until Don James hired him as an assistant coach at Kent State while Nick waited for his wife Terry to graduate.
- Similarly, Nick shares his last name with another iconic football coach Low Saban.
What does Nick’s wife Terry Saban do?
Terry Saban works behind Nick. Since Nick has to give almost all of his time to the football coaching, Terry manages all the family businesses.
Who are Nick and Terry’s children?
Nick married his childhood sweetheart on Dec. 18, 1971. They adopted a son Nicholas and daughter Kristen.
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