It’s good to be the Tide’s AD: Byrne gets raise to $1.3M per year, extra retirement funds and loan forgiveness
Published 3:26 pm Tuesday, November 19, 2019
Alabama has given athletic director Greg Byrne a raise and one-year contract extension.
The university’s board of trustees compensation committee approved the new deal Tuesday.
Byrne will make $1.3 million this year in the deal which dates back to July 1. That will go up to $1.54 million in the final year, 2025-26.
Byrne will also receive a supplemental retirement contribution rising from $300,000 in the first year to $450,000.
He had received a raise and three-year extension in August 2018. That deal called for him to make $980,000 with annual $25,000 raises.
Byrne’s new deal also calls for the university to forgive the balance of an interest-free $400,000 loan Byrne received initially for relocating from Arizona to Tuscaloosa.