New Alabama football coach Kalen DeBoer has received an eight-year contract worth at least $87 million, and the school also gave basketball coach Nate Oats and athletic director Greg Byrne raises and extensions.
The 49-year-old DeBoer, who replaced seven-time national champion Nick Saban after leading Washington to the national championship gamein his second season, is set to make $10 million in his first year.
The contracts received formal approval from the UA System Board of Trustees compensation committee on Monday.
“High-level investment from high-level coaches is an important part of the success that we’ve had in our department,” Byrne told trustees. “I feel strongly that we continue to show that with the additional steps we’re taking today.”
DeBoer’s deal runs through Dec. 31, 2033, and calls for a salary of $11.75 million in his final year after $250,000 annual raises.
His bonuses include $600,000 for playing in a national championship game and $875,000 for winning the title. DeBoer made $4.2 million at Washington in his final year.
Oats’ new six-year contract calls for him to make $5 million this year, rising to $7.55 million in his final year through March 14, 2030.