He just re-upped. Why do you think he is still in play? It's not like Saban just bumped up a couple of hunderd thousand. He increased his salary by nearly 2.5 million a year. He is making 7.5 million a year at Bama. He is staying put.
Saban is also 62 years old and oh by the way, Texas just ran off a 62 year old. That would be a quick fix and then what are you left with. If they pay that kind of money, at least if it were me, I would want a little bit of longevity.