Alabama head coach Nate Oats and Rutgers head coach Steve Pikiell are set to sign contract extensions this week.
John Rothstein is reporting that Oats has received a multi-year contract extension through the 2028-29 season and that the deal is expected to be approximately worth $5 million dollars annually.
Now in his fourth season at Alabama, Oats has guided the Crimson Tide to a 80-39 (.672) mark. In 2020-21, Oats went 26-7 (16-2 SEC), captured the SEC regular season and tournament championships, and ended the year ranked No. 5 in the Associated Press’ final national rankings which matched the best end-of-season ranking in program history. After that historic season, he was awarded an extension through 2027.
Alabama is currently ranked #4 in the nation with a 19-3 (9-0 SEC) record. They travel to LSU on Saturday for a 3pm tip.
According to NJ.com, “the Rutgers Board of Governors on Thursday approved a one-year extension to Pikiell’s contract, tying the coach to the program through the 2030-31 season. The new deal essentially rolls the current contract over a year, resetting the clock on what is now an eight-year, $30.8 million deal, according to a term sheet obtained by NJ Advance Media.”
Pikiell is in his 7th season at Rutgers where he has put together a 113-98 (.536) record. Under Pikiell’s leadership, the Scarlet Knights advanced to the NCAA Tournament in 2021, making its first NCAA Tournament appearance since 1991. Pikiell’s squad then returned to the NCAA Tournament in 2022 marking the first time RU has made the big dance in consecutive seasons since 1976. In 2022, Pikiell surpassed Tom Young with the most ranked wins in school history (13).
Rutgers is currently 15-7 (7-4 Big Ten) on the season and will host Michigan State Saturday at 12.