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re: Bama boosters paid off the Saban's home (has this really not been posted?)

Posted on 10/27/14 at 12:28 pm to
Posted by AUWDE
Member since Oct 2013
3189 posts
Posted on 10/27/14 at 12:28 pm to
For the record, the Saban's DID NOT have a mortgage. The Crimson Tide Foundation didn't pay his house off....they PURCHASED it from him for a little over $3mil and he transferred the deed to them. So Saban actually does not own that house at all anymore....the Crimson Tide Foundation does. The article is poorly worded.

Nothing wrong with that, either. NCAA doesn't say anything about "special benefits" to coaches. Universities can structure their compensation packages in many ways beside just a straight salary.
This post was edited on 10/27/14 at 12:29 pm
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