Nate Oats, the talented American basketball coach, currently leads the basketball team at Alabama University. Before Alabama, he was the head coach at Buffalo University from 2015 to 2019. Over the years, Nate's prowess has brought him success and numerous awards. MAC Coach of the Year was one of his major awards, which he won twice in 2018 and 2019. In 2021, he won the SEC Coach of the Year.
Nate, before becoming a coach, was a college basketball player himself. From 1993 to 1997, he competed for Maranatha Baptist University. His player era was successful, earning him all-conference honors. He was also the Crusaders' captain, reflecting his leadership skills and basketball dedication.
Name | Nate Oats |
Net Worth | $10 Million |
Age | 49 years old (born on October 13, 1974) |
Residence | Pennsylvania |
Position | Head coach |
Marital Status | Married |
Source of Wealth | Basketball coach |
Salary | $9 million annually (as of 2024) |
Endorsements | N/A |
Endorsement Earnings | N/A |
Nate Oats’s Net Worth
As of 2024, Nate Oats has an estimated net worth of around $10 million. Currently, he's the head basketball coach at the University of Alabama. His various contracts with Alabama have significantly contributed to his wealth. He also served as the head coach for Buffalo Bulls men's basketball team from 2015 to 2019. His staggering net worth results from his base salary, with bonuses and compensations earned from the universities.
Nate Oats’s Career Earnings
Nate Oats's career earnings details are currently not available.
Nate Oats’s Salary
Nate Oats has an annual salary of approximately $4.1 million as the head coach of the basketball team at Alabama University as of 2024. According to his latest contract, his annual base salary is $305,000, with an additional talent fee of $4.195 million for the 2023-24 season.
This talent fee is set to increase by $200,000 each season through the 2028-29 season. In the 2023 season, Nate Oats received a total pay of $3,418,644 from Alabama University, and in the 2022 season, he received $3,237,587.
Nate Oats’s Contract
In February 2021, Nate Oats, the head basketball coach of the Alabama Crimson Tide, signed a three-year contract extension to remain at Alabama through the 2027 season. This extension also raised Oats' annual compensation to $3.225 million. However, in February 2023, the University of Alabama System Board of Trustees further extended Oats' contract through the 2028-29 season.
Beginning with the 2023-24 season, Oats' contract includes an annual base salary of $305,000 and a talent fee of $4.195 million, increasing by $200,000 each season through the 2028-29 season. The final season of Oats' current contract will still feature the same base salary of $305,000, with the talent fee being $5.195 million.
Nate Oats Contract Breakdown
Year | Base-Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
2023 | $3,418,644 | - | $3.25 million | $3,418,644 | |
2022 | $3,237,000 | - | $3.35 million | $3,237,587 | |
2021 | $2,473,061 | - | $3.45 million | $2,473,061 | |
2020 | $2,462,000 | - | $3.55 million | $2,462,000 | |
2019 | $2,462,000 | - | $2,462,000 | $2,462,000 | |
2019 | $612,000 | - | $612,000 | $612,000 | |
2018 | $355,000 | - | $355,000 | $355,000 | |
2016 | $250,000 | - | $250,000 | $250,000 |
Nate Oats’s Contract History
Nate Oats, Alabama's basketball team's present head coach, started coaching back in 1997 at Maranatha Baptist. He joined the coaching lineup and was there until 2000. After that, he shifted to Romulus High School, where he coached from 2002 to 2013.
Completing his tenure at Romulus High School, In 2012, Oats joined the University at Buffalo as an assistant coach. In 2015, his skill and successes earned him the head coach spot of the Buffalo Bulls. Fast forward to 2019, Nate Oats decided to move to the University of Alabama. He leads their basketball team as the head coach, a position he still holds.
FAQ's On Nate Oats Net Worth, Salary and Contract
A. Nate Oats was born on August 13, 1974, in Watertown, Wisconsin, U.S.
A. Nate Oats attended Maranatha Baptist University in Wisconsin, where he played college basketball.
A. As of 2024, Nate Oats' net worth is estimated to be around $10 million.
A. Nate Oats has won several notable awards throughout his coaching career. He has been named the MAC Coach of the Year twice, in 2018 and 2019. Additionally, he was honored as the SEC Coach of the Year in 2021.