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Alabama’s Oats receives new 6-year, $30 million contract
Posted on 2/3/23 at 12:54 pm
Posted on 2/3/23 at 12:54 pm
quote:
Alabama coach Nate Oats has agreed to a new six-year, $30 million contract amid the program’s best regular season in decades.
Oats will average $5 million plus incentives over the deal running through the 2028-29 season under a deal approved Friday by the University of Alabama System Board of Trustees Compensation Committee.
It makes him the fourth-highest paid basketball coach in the Southeastern Conference and among the Top 10 nationally, athletic director Greg Byrne said.
Oats, who is in his fourth season, will make $4.5 million for the first year with $200,000 annual raises. The fourth-ranked Crimson Tide (19-3, 9-0 SEC) has the team’s highest ranking this deep into a season since 1976-77.
Alabama has gone 80-39 under Oats, winning the 2021 SEC regular season and tournament championships.
AP
10
Posted on 2/3/23 at 12:55 pm to paperwasp
Just love it when a plan comes together.
Posted on 2/3/23 at 12:55 pm to paperwasp
Nice! Midseason extensions and raises never backfire.
Posted on 2/3/23 at 12:56 pm to V Bainbridge
quote:
Nice! Midseason extensions and raises never backfire.
Not his first. Not his last.
Posted on 2/3/23 at 12:57 pm to paperwasp
Deserved.
Posted on 2/3/23 at 12:59 pm to paperwasp
Now time for the shift from “Oats to _____” to “He’s not even that good bro.”
Just as nature intended
Just as nature intended
Posted on 2/3/23 at 1:03 pm to Glorious
quote:
He ranks fourth among SEC men's basketball coaches in annual compensation this season behind Kentucky's John Calipari ($8.5 million), Tennessee's Rick Barnes ($5.45 million) and Auburn's Bruce Pearl ($5.4 million).
Buyout table:
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"Those first two years especially would be one of the highest buyouts in men's college basketball in the country."
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If he wins an NCAA Tournament championship, Oats will make $650,000 based on incentives for NCAA participation, wins in the pre-Final Four rounds, and the wins in the Final Four and championship game.
Posted on 2/3/23 at 1:05 pm to paperwasp
quote:
It makes him the fourth-highest paid basketball coach in the Southeastern Conference
So that puts him behind who, Calipari, Barnes and Muss? If so, that's a pretty good deal for Bama.
Posted on 2/3/23 at 1:06 pm to Imber
quote:
So that puts him behind who, Calipari, Barnes and Muss?
Behind John Calipari ($8.5 million), Rick Barnes ($5.45 million), and Bruce Pearl ($5.4 million).
Posted on 2/3/23 at 1:07 pm to paperwasp
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Behind John Calipari ($8.5 million), Rick Barnes ($5.45 million), and Bruce Pearl ($5.4 million).
Yeah I just missed your post before I made mine. Good deal either way.
Posted on 2/3/23 at 1:11 pm to Imber
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Good deal either way
Just as of today, it looks like a steal.
2023 SEC Standings
[9-0] Nate Oats ($4.5 million)
[7-2] Rick Barnes ($5.45 million)
[7-2] Bruce Pearl ($5.4 million)
[6-3] John Calipari ($8.5 million)
Posted on 2/3/23 at 1:21 pm to paperwasp
Not enough
Should be at Pearl's amount right now.
Should be at Pearl's amount right now.
This post was edited on 2/3/23 at 1:27 pm
Posted on 2/3/23 at 1:23 pm to BFANLC
Did they put language in there about a new arena
Posted on 2/3/23 at 2:38 pm to HailToTheChiz
quote:
Did they put language in there about a new arena
Nope.
quote:
The original cost estimate of $183 million has ballooned to almost $250 million, athletics director Greg Byrne told Nate Oats last week.
Byrne and Alabama school president Stuart Bell both spoke about the impact of nationwide inflation, especially in facility construction, on its plans for the 10,136-seat venue.
“Greg and I are on the same page with this,” Oats said. “We both know it’s a high priority. The department’s fully behind it. Can’t snap your fingers and it’s done, though. We’re all on the same page, to be honest with you.”
But Oats continued to stress that the team’s practice facility where it spends the majority of its time is more important to players and coaches, and Alabama’s renovated practice gym compares favorably to NBA teams’ hubs that he has visited.
“I’ve said it before: the arena is a bigger deal for the fans, the donors, the people who come and watch the game than the players and the coaches that coach in it. We’re getting great support in here.”
Posted on 2/3/23 at 2:41 pm to paperwasp
pearl has a final 4 . oats needs to earn it ..mid-season #2 is that
earning it???
earning it???
Posted on 2/3/23 at 3:15 pm to rtr23242526
quote:
oats needs to earn it ..mid-season #2 is that earning it???
In four years:
Sweet 16
SEC Regular Season Championship
SEC Tournament Championship
SEC Coach of the Year
Top 5 Recruiting Class
Currently projected as the No. 2 overall seed (in February), despite playing the toughest OOC schedule in the nation.
What are your thoughts?
Posted on 2/3/23 at 3:38 pm to paperwasp
Getting blown out by 30 gives your raises I guess .
Posted on 2/3/23 at 3:39 pm to MOJO_ERASER
quote:
Getting blown out by 30 gives your raises I guess .
Or leaving for USC in your case.
Posted on 2/3/23 at 3:43 pm to EarlyCuyler3
Player shoots and kills someone.bigger contract. Love it
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