Nate Oats agrees to new, long-term contract extension at Alabama
Alabama men’s basketball coach Nate Oats has agreed to a new contract, director of athletics Greg Byrne announced Friday. According to ESPN’s Jeff Borzello, Oats’ new deal is a long-term contract extension that will make him one of the five highest-paid coaches in America.
“Nate Oats has signed a new contract that will go before the Board of Trustees for approval next week,” Byrne said in a statement. “We are excited about the success of our men’s basketball program and Nate’s continued commitment to the University. We look forward to him leading our men’s basketball program for many years to come.”
In five years as head coach, Oats has led the Crimson Tide to a 113-53 record, four SEC titles (2 regular season, 2 tournament) and what will be four straight NCAA Tournament berths.
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Alabama’s board of trustees approved a new contract for Oats back on Feb. 3, 2023, that paid him $4.5 million this year and was set to increase by $200,000 each year through the 2028-29 campaign. Now, just 13 months later, he is receiving another contract extension.
Oats is one of 19 athletic contracts that the UA System BOT compensation committee is set to consider on Monday, March 18. That board meeting will take place virtually at 3:30 p.m. CT.
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