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What Alabama basketball coach owes if he leaves
Nate Oats coached Alabama basketball to its first Ultimate 4 look this season.
After dropping to No. 1 total seed UConn, Oats was emotional and promised Alabama followers that “we’re not completed.” Nevertheless, neither that assertion — nor the actual fact Oats signed an extension with Alabama lower than a month in the past — has stopped musings that he would probably match at Kentucky following John Calipari’s reportedly taking the Arkansas job from working rampant.
REQUIRED READING:`Inside Nate Oats’ long-winding journey to the Ultimate 4
Oats, 49, led the Crimson Tide to SEC Event championships in 2021 and 2023 and has produced six NBA draft picks — together with No. 2 total choose Brandon Miller in 2023 — making him an attractive match for the Wildcat’ basketball-first program.
Oats signed his first contract extension in February 2023, and one other on March 18, after his title was floated for quite a few nationally outstanding jobs, together with Ohio State and Michigan. The newest extension runs by March 14, 2030 and features a hefty buyout, a instrument Alabama hoped would hold away potential suitors.
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“We have this system headed in the appropriate path,” Oats stated after signing the extension. “We have the dedication from the administration that they’ll proceed to help us in the way in which I really feel like we will compete to be a prime 10, prime 25 crew year-in and year-out. I respect their help in protecting me right here, take my title out of a few of the different job openings which might be there. In all probability not nice timing with this loss tonight.”
This is all the things to find out about Oats’ contract, together with his buyout:
Nate Oats wage
At $6.275 million, Oats’ contract ties him for tied for third amongst school basketball’s highest-paid coaches amongst public college coaches. He is making the identical compensation as Auburn coach Bruce Pearl and solely trails Kansas’ Invoice Self ($9.14 million) and Kentucky’s Calipari’s previous contract ($8.6 million). Calipari’s new deal is value reportedly value $7.5 to $8 million.
In common annual wage (AAV), Oats is fourth, making $6.275 million. He trails solely Self ($9.265 million), Calipari ($8.9 million), and Pearl ($6.525 million). Earlier than the extension, Oats ranked No. 10 amongst coaches with a wage of $4.53 million this previous season.
Nate Oats buyout
If Oats have been to go away Alabama within the first two years of his contract, he would owe the college $18 million. After March 31, 2026, the buyout falls to $10 million for one yr till March 31, 2027. The buyout is $4 million for the next season and $0 afterward.
However, despite the fact that Oats’ contract is 100% assured, if Alabama fired him, he must make a “affordable and good religion effort” to pursue one other head teaching place with a median annual wage equal to or better than $3.5 million, per particulars of his contract.
Nate Oats report
- Profession report: 213-97
- Buffalo (2015-19): 96-43
- Alabama (2019-present): 117-54
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