Terry and Nick Saban Net Worth 2019, Biography, Early Life, Education, Career and Achievement
Terry and Nick Saban Net Worth – Today we are going to know about one of the two greatest coaches in the college football history, Nick Saban. You probably know who is the most dominant college football team in the past decade, the answer obviously is Alabama.
Thanks to the awesomely talented coach, Nick Saban, who with his determination built a reputation of Alabama and himself.
Terry and Nick Saban Net Worth 2019
Early Life, Family and Education:
Although most of us know him as Nick Saban, his actual full name is Nicholas Lou Saban Jr. He was born on October 31, 1951, in Fairmont, West Virginia to May and Nick Lou Saban Sr.
Nick Saban grew up in West Virginia itself in a small community of Monongah and went to Monongah High School which is about 25 miles southwest of Morgantown.
Nick went to Kent State University and graduated in 1973 with a bachelor’s degree in business. Now, you might get shocked a bit, as this happened after his marriage, yes you heard it right, Nick went collage after tieing the knot. He further continued his study, and in 1975, he earned a master’s degree in sports administration from Kent State.
Nick Saban Wife: Terry Saban
Nick and Terry got married when Nick was only 21 years old, and so was Terry. The year it happened was December 18, 1971, and till today’s date, they are going strong giving us some major relationship goals.
You probably don’t know this, but Nick was hired as a graduate assistant at Kent State while he was waiting for Terry to graduate.
Nick and Terry’s love story is decades old. The couple first met when they were in seventh grade at 4-H science camp. But it was only when Terry was teaching in West Virginia when their relation got into full swing. The couple got married while Nick was home from school for Christmas break.
Nick Saban Children
Nick and Terry have two children, a daughter, and a son and both of them were adopted.
Nick’s daughter Kristen Saban is an Alabama Graduate and was a former student assistant for Nick’s team. Kristen got married to Adam Setas, a fellow Alabama graduate and childhood sweetheart in June 2015. She also works as an event manager at a Birmingham-based sports event planning organization called The Bruno Event Team.
Nick’s son Nicholas Saban is also married to the love of his life, Kelse Laney. The couple welcomed their first baby, a daughter in December 2013, whom they later named as Amelie Saban.
Nick Saban is one of the most successful football coaches in Alabama football history. But Nick had no intention to enter coaching ranks until Don James hired him as a graduate assistant at Kent State. With that start, Nick’s career as a football coach started which led him to the success he probably hadn’t ever dreamed of.
Nick Saban has been the head football coach at the University of Alabama since 2007. Previously, Nick served as head coach of the National Football League’s Miami Dolphins and at three other different universities which are Louisiana State University, Michigan State University and the University of Toledo. In his career as a college head, he holds the record of 232-63-1.
In 2003, Nick Saban led Louisiana State University Tigers to the BCS National Championship and the Alabama Crimson Tide to BCS and AP national championship in 2009, 2011, 2012 and College Football Playoffchampionships in 2015 and 2017.
Nick Saban became the first coach in the football history to win a national championship with two different Football Bowl Subdivision (FBS) schools since the inception of AP Pool in 1936. Then in 2013, Nick was inducted into Alabama Sports Hall of Fame.
Nick Saban is considered to be one of the greatest coaches in college football history. Nick and Bear Bryant is tied for most major college football national championship for a coach in the modern era.
Nick Saban net worth as of 2019 amounts to be around $50 million.
As per the news and report, Nick’s current salary is around $8.3 million. His payroll rose up by around $800,000 after he signed a new contract with the University of Alabama in July 2018. Looking at the data of Forbes, in 2018, the University of Alabama made an income of $127 million and a profit of $59 million.
Nick signed a new contract extension on July 27, 2018, worth $74 million with Alabama Crimson Tide that extended the payroll and compensation of the football coach through 2025.
In May 2017, Nick signed an 8-year old worth $65 million, that promised to pay him $4 million signing bonus and $400,000 contract year competition payment.
The newly signed contract offers an annual compensation of $7.5 million over previous $6.725 million. It also provides a $400,000 annual rise on salary every year and an $800,000 bonus contract-year completion payment through 2025. According to the new contact, Nick will earn $8.3 million in 2018 season, that breaks down to a salary of $7.5 million and $800,000 for contract-year completion payment.
Similarly, in the 2019 season, Nick will earn $8.7 million including an increased annual salary of the increased annual salary of $7.8 million and $800,000 contract-year bonus.
Nick Saban Property: House and Cars
With such an amount of fortune, Nick lives a very grand lavish life. Out of many properties he owns, Tuscaloosa Lake Home in Clayton, featuring mountains views and lake Burton is one luxurious property. It is a 10,000 square foot property spread out over three levels with six bedrooms which Nick sold in an auction in 2013 for $10.95 million.