its about Nick Saban and his LSU contract: Saban staying at LSU Richest coaching contract in NCAA history trumps Bears' offer Posted: Saturday January 10, 2004 5:39PM; Updated: Saturday January 10, 2004 5:41PM By Peter King, SI.com Nick Saban spurned the Chicago Bears Saturday afternoon, deciding to stay as coach of LSU for a chance to win a second national championship in 2004. Saban chose the LSU job -- where he won the Bowl Championship Series title with a 21-14 victory over Oklahoma last week -- over an offer from the Bears that wasn't good enough to make him leave. Although some details with LSU remain to be ironed out, Saban will agree to the richest contract ever given a college football coach. The deal will be for between six and eight years, at approximately $2.75 million per year, according to a source with knowledge of the negotiations between LSU and Saban's agent, Jimmy Sexton. Saban decided to announce he was staying at LSU before the deal was done for a couple of reasons. One, he couldn't afford further damage to his recruiting class, which is slated to be one of the best in the nation this winter. Two, he came to the realization that the Bears likely wouldn't up the ante to the ballpark of what a marquee coach deserves to make in the NFL today, about $4-4.5 million a year. Saban had a 5 p.m. CT press conference scheduled in Baton Rouge, La., to announce his decision to stay.