University of Alabama Director of Athletics Bill Battle announced Friday that head football coach Nick Saban and the University have concluded a new long-term agreement, according to a press release.

“We are very pleased to have this agreement completed,” Saban said in the release. “Terry and our family are very happy in Tuscaloosa. It has become home to us. This agreement allows us to continue to build on the tremendous success that we have enjoyed to this point – successes that have transcended the football field. We are excited about the future and the University of Alabama is where I plan to end my coaching career.”

The agreement is subject to approval by the Compensation Committee of the Board of Trustees of the University of Alabama System.