Nick Saban was offered a package of over $100 million to leave Alabama for the Texas Longhorns, according to a new book by sports talk show host Paul Finebaum.
Saban was actively courted by Texas in the offseason, and now details of that potential blockbuster deal have been revealed.
In his upcoming book My Conference Can Beat Your Conference: Why the SEC Still Rules College Football, now available for preorder, Finebaum says that boosters put together a package for Saban that would have paid him a $12-15 million signing bonus and over $100 million over the life of the contract.
As reported in AL.com, Finebaum and his coauthor, ESPN’s Gene Wojchiechowski said that the rumor mill was correct, and that Saban was being heavily pursued for the job.
“Texas was dead serious about trying to money-whip Saban. Depending on whom you talk to – Bama big hitters or Texas big hitters – the Longhorns were prepared to give Saban somewhere between a $12 and $15 million signing bonus and a salary package worth $100 million (plus performances).”
Saban ultimately signed a contract extension with Alabama, putting to bed rumors of his departure. Texas hired former Louisville head coach Charlie Strong to replace Mack Brown, who stepped down after the 2013 season.
Alabama fans can rest easy, at least for now. But there’s little doubt that the next time a high-profile college coaching job – or even certain NFL gigs – become available, Saban’s name will be mentioned. It’s the price we pay for having the best coach in the college game.