Tide Basketball Coach Nate Oats Gets Raise, Contract Extension Through 2029

TUSCALOOSA, AL — University of Alabama Director of Athletics Greg Byrne on Friday announced head men's basketball coach Nate Oats and the university have agreed to a raise and contract extension through 2029.

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The new contract was approved Friday by the University of Alabama System Board of Trustees Compensation Committee and will extend his current contract by two seasons to six years.

Oats will receive a base salary and talent fee of $4.5 million for the current contract year, which will begin to rise in 2024 and increase annually throughout the length of the contract.

"I am honored and humbled to receive a contract extension from The University of Alabama," Oats said." As I have said many times, my family and I love this community, the city of Tuscaloosa and the University. I am incredibly proud of what we have been able to build during our time at UA which is a direct reflection of the student-athletes, coaches and staff who have all played a big part in our success. I am excited for what's happening in the future of our program and the direction we are heading."

Oats is in his fourth season leading the Crimson Tide program, posting a 80-39 overall record, along with winning the 2021 Southeastern Conference Regular Season and Tournament championships.

"Coach Oats has done an outstanding job leading our men's basketball program, and we want him to continue doing so for many years to come," Byrne said. "He and his staff have lifted the program back to national prominence and built a product that is exciting to be a part of for our team and for our fans. We were confident Nate was going to be an outstanding coach for us when we hired him, and he is not only that, but also a great leader of our young men. It was important for us to make sure Coach Oats was compensated towards the top of the SEC and continue to have buyout measures in place that affirm the long-term commitment between both parties."

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