|Wednesday, February 13
Saban rewarded for Peach Bowl victory
BATON ROUGE, La. -- LSU football coach Nick Saban signed a new contract Wednesday, LSU athletic director Skip Bertman said.
Bertman said he could not release the terms of the deal pending approval by the university's Board of Supervisors, who are next scheduled to meet on March 8.
"I'm happy about the contract," Saban said. "It's nobody's fault that it took this long but sometimes things take time to get worked out. I'm just glad that it's finished. Now we're looking forward to spring practice and to next football season."
Saban took over a program that had been 3-8 in 1999 and in his first season as coach led the Tigers to an 8-4 mark that included a Peach Bowl victory. This past season, LSU started slow but fought it's way into the Southeastern Conference championship game, where it upset Tennessee en route to a Sugar Bowl victory over Big Ten champion Illinois.
Ever since, Saban has been mentioned as a candidate for several open NFL jobs, even as he insisted he intended to remain at LSU.
Bertman said Saban's contract contains a new deferred compensation plan, which was passed by the LSU Board of Supervisors in December.
To reap the full benefits of the plan, Saban must remain at LSU through November 30, 2006, Bertman said.
"Personally, I'm thrilled that Coach Saban has signed this contract and will remain as head football coach here at LSU," Bertman said.