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UA board approves new deals for Oats, AD Byrne

Alabama males’s basketball coach Nate Oats and athletic director Greg Byrne have been formally rewarded with raises and extensions Monday.

The contracts obtained formal approval from the UA System Board of Trustees compensation committee.

Oats’ new six-year contract requires him to make $5 million this yr, rising to $7.55 million in his closing yr via March 14, 2030.

Bryne had introduced Friday evening that Oats had signed a brand new contract, however the particulars weren’t launched till Monday. Oats has led Alabama to the NCAA match 4 years in a row, and the Crimson Tide obtained their first No. 1 seed final season.

The contract comes with a hefty buyout of $18 million if Oats leaves within the first two years, which Byrne stated is the best in school basketball.

Oats’ earlier deal was value $4.5 million yearly via the 2029 season.

“We have now loved large success throughout our 5 years at Alabama and we stay up for constructing on that for a few years to come back,” Oats stated in a press release.

Alabama gave Byrne an eight-year deal, set to pay him simply over $2 million yearly. Byrne took over as athletic director in January 2017 and was charged with changing Nick Saban, who received six of his titles at Alabama.

“Greg’s completed an unbelievable job of main our athletics program since his arrival, and definitely throughout this time of nice modifications in our athletics world,” college president Stuart Bell advised trustees.

Trustees additionally accepted offers for 2 of Oats’ assistants: Preston Murphy is about to make $450,000 a yr below a two-year deal and Ryan Pannone’s two-year deal is value $360,000 yearly.

Data from The Related Press was used on this report.



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