Alabama AD Greg Byrne receives contract extension through 2031
The University of Alabama System Board of Trustees compensation committee approved the contract extension for Crimson Tide athletic director Greg Byrne on Monday afternoon.
Byrne’s contract was extended seven years through June 30, 2031, and on June 1, he is set to see his base salary rise to $1.56 million through June 30, 2025. Byrne’s salary is set to increase $100,000 after the first full year and then $70,000 each year after that, climbing from the $1.56 million he is owed through June 30, 2024, to $2.305 million in 2031.
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Greg Byrne’s Base Salary and Expense Account
March 15, 2024 to June 30, 2024 | $1,560,000 per Contract year |
July 1, 2024 to June 30, 2025 | $1,885,000 per Contract year |
July 1, 2025 to June 30, 2026 | $1,955,000 per Contract year |
July 1, 2026 to June 30, 2027 | $2,025,000 per Contract year |
July 1, 2027 to June 30, 2028 | $2,095,000 per Contract year |
July 1, 2028 to June 30, 2029 | $2,165,000 per Contract year |
July 1, 2029 to June 30, 2030 | $2,235,000 per Contract year |
July 1, 2030 to June 30, 2031 | $2,305,000 per Contract year |
The buyout on Byrne’s contract states that the university will be owed $5 million through June 30, 2027, $3 million through June 30, 2029, and then $1 million through June 30, 2031.
“Greg’s done an incredible job of leading our athletics program since his arrival, and certainly, during this time of great changes in our athletic world, we’re fortunate to have Greg leading our department,” UA president Dr. Stuart Bell said of Byrne. “He is a national voice of reason, judgment and a wonderful leader for our coaches and student-athletes.”
*** This story will be updated.
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