UA board authorizes new offers for Oats, Advertisement Byrne

Mar 18, 2024, 07:00 PM ET Alabama guys’s basketball coach Nate Oats and athletic director Greg Byrne were formally rewarded with raises and extensions Monday.The contracts got official approval from the UA System Board of Trustees compensation committee.Oats’brand-new six-year agreement calls for him to make$

5 million this year, increasing to $7.55 million in his last year through March 14, 2030. Editor’s Picks 1 Associated Bryne had actually announced Friday night that Oats had actually signed a new agreement

, but the information weren’t launched up until Monday. Oats has led Alabama to the NCAA tournament four years in a row, and the Crimson Tide received their first No. 1 seed last season.The contract includes a hefty buyout of$ 18 million if Oats leaves in the very first 2 years, which Byrne said is the highest in college basketball.Oats ‘previous offer deserved$4.5 million each year through the 2029 season.Men’s Tournament Obstacle Complete your bracket

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of the 2024 men’s NCAA tournament. Play Guys’s Tournament Challenge “We have actually delighted in incredible success during our five years at Alabama and we look forward to building on that for several years to come,”Oats stated in a statement.Alabama provided Byrne an eight-year offer, set to pay him just over$2 million each year. Byrne took over as athletic director in

January 2017 and was charged with replacing Nick Saban, who won 6 of his titles at Alabama. “Greg’s done an amazing job of leading our athletics program because his arrival, and certainly throughout this time of excellent modifications in our sports

world,” university president Stuart Bell informed trustees.Trustees likewise approved deals for two of Oats’assistants: Preston Murphy is set to make$450,000 a year under a two-year deal and Ryan Pannone’s two-year offer deserves$360,000 annually.Information from The Associated Press was used in this report.