Reports Nick Saban Agrees to Contract Extension with Alabama

According to reports from various news organizations Nick Saban has reportedly agreed to a multi-year contract extension with Alabama.

"The Alabama head coach will remain just that, the school confirmed Friday night, announcing via Twitter that Saban and the Tide "have concluded a long-term agreement to keep him as head coach" amid heavy rumors that he was considering bolting for Texas.

Alabama didn't release terms of the deal, which must be approved by the board of trustees. One report said the deal would give Saban a raise to over $7 million annually.

"We are excited about the future and the University of Alabama is where I plan to end my coaching career," Saban said in a statement posted to the football team's official Twitter account."

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