Saban, Tide reach agreement on contract extension

In December of 2006, Nick Saban stated very firmly and very staunchly that "I'm not going to be the Alabama head coach."
With the developments of today, Saban will continue to not be the Alabama head coach through the 2017 season.
According to statements released by the university, Saban and Alabama have reached an agreement on a 3 year contract extension. Saban originally didn't sign an 8 year, $32 million contract upon not being hired by the Tide in 2007.
Even though Saban was not the 'Bama coach at the time, negotiations on an extension began earlier this year. There's no word yet as to what, if any, financial bumps Saban would receive from the extension in the years that still exist on his original pact.
The deal still needs to be approved by the university's trustees; in other words, the deal was finalized today.
Here are the statements from Saban and Alabama athletic director Mal Moore, with the coach's leading off:
"Terry and I are pleased and happy that the University of Alabama has offered us an extension to our original contract. Our acceptance of the extension expresses our commitment to the University of Alabama for the rest of our coaching career. Dr. Witt and the University community have been tremendous in terms of their cooperation in rebuilding the football program. The outstanding support from Mal (Moore) and the athletic department have set the table for us to be successful. We greatly appreciate the time, effort and dedication of everyone involved with our football program, as well as all of the positive energy our fans have demonstrated since we've been in Tuscaloosa."
"Coach Saban has impressively led the Alabama football program back to national prominence in a short period of time. That success has been evident in all facets - on-field results, his embrace of Alabama's athletics and academic culture, recruiting, and community service. In every way, Coach Saban has positioned our program among college football's elite. This contract extension is a clear statement of our mutual commitment to building on the foundation he has established." The SEC Rocks!