Current:Home > StocksEthermac Exchange-Alabama football coach Kalen DeBoer gets eight-year contract: Salary, buyout, more to know -TradeWisdom
Ethermac Exchange-Alabama football coach Kalen DeBoer gets eight-year contract: Salary, buyout, more to know
TrendPulse Quantitative Think Tank Center View
Date:2025-04-09 12:57:21
TUSCALOOSA,Ethermac Exchange Ala. — Alabama football coach Kalen DeBoer had his contract approved by the compensation committee for the UA System Board of Trustees on Monday.
DeBoer is set up to make $87 million over an eight-year deal that will run through Dec. 31, 2031. He will make $10 million in the first year and his compensation will grow to $11.75 million in the final year.
With that contract, DeBoer makes a colossal jump in his compensation, after he made $4.2 million this past season in total pay at Washington. That ranked No. 44 among public school coaches, per the USA TODAY football coach salary database. After leading the Huskies to the College Football Playoff, he was set to receive a substantial raise, though. Washington athletics director Troy Dannen said he put a $9.4 million offer on the table after the Sugar Bowl.
However, DeBoer ultimately turned that down to become the head coach at Alabama, replacing Nick Saban after Saban decided to retire on Jan. 10. Saban was set to make $11.5 million in 2024.
DeBoer's contract is 90% guaranteed.
MORE:Relive Nick Saban's epic Alabama football coaching career with special book!
What is Kalen DeBoer's buyout?
DeBoer would owe Alabama the following if he leaves before his contract is up:
- 2024: $5 million
- 2025: $4 million
- 2026: $3 million
- 2027-2031: $0
What is Kalen DeBoer's salary with Alabama football?
Here's what the school will pay DeBoer in salary each year:
- 2024: $10 million
- 2025: $10.25 million
- 2026: $10.5 million
- 2027: $10.75 million
- 2028: $11 million
- 2029: $11.25 million
- 2030: $11.5 million
- 2031: $11.75 million
Where Kalen DeBoer ranks among college football coaches in salary
DeBoer is tied for fourth among public school college football coaches for 2024. Here are the rankings based on pay from the schools:
- Clemson's Dabo Swinney: $11 million
- Georgia's Kirby Smart: $10.75 million
- Texas' Steve Sarkisian: $10.6 million
- Alabama's Kalen DeBoer and Florida State's Mike Norvell: $10 million
Contributing: Steve Berkowitz, USA TODAY Sports.
Nick Kelly is the Alabama beat writer for The Tuscaloosa News, part of the USA TODAY Network, and he covers Alabama football and men's basketball. Reach him at [email protected] or follow him @_NickKelly on X.
veryGood! (2124)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- As crisis escalates in Tunisia, lawyers strike over arrested colleague they say was tortured
- Alexa PenaVega Details “Pain and Peace” After Stillbirth of Baby No. 4
- New immigration court docket aims to speed up removals of newly arrived migrants
- Bodycam footage shows high
- Nick Jonas Debuts Shaved Head in New Photo With Daughter Malti Marie
- Donor and consultant convicted again of trying to bribe North Carolina’s insurance commissioner
- State Department removes Cuba from short list of countries deemed uncooperative on counterterrorism
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- WNBA says all teams will charter by Tuesday, but rollout has been clunky
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Stock market today: Asian shares are mixed as China stocks get bump from new property measures
- New Caesars Sportsbook at Chase Field allows baseball and betting to coexist
- Is a taco a sandwich? Indiana judge issues a ruling after yearslong restaurant debate
- Stamford Road collision sends motorcyclist flying; driver arrested
- Indonesia raises alert for Mount Ibu volcano to highest level following a series of eruptions
- Majority of EU nations want more partnerships to stem migration from countries of origin
- Actor Angie Harmon sues Instacart and its delivery driver for fatally shooting her dog
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
New Hampshire Senate passes bill to restrict transgender athletes in grades 5-12
Haiti’s crisis rises to the forefront of elections in neighboring Dominican Republic
Iowa center called police nearly 1,000 times in 3 years before teen killed staffer, records show
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
House panel considers holding Garland in contempt as Biden asserts privilege over recordings
Lawyers discuss role classified documents may play in bribery case against US Rep Cuellar of Texas
Miss Hawaii Savannah Gankiewicz takes Miss USA crown after Noelia Voigt resignation