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Posted on 10/27/14 at 10:42 am to okietiger
So? Boosters owned Coach Bryant's house - this is nothing new at Bama. We take care of our elite coaches.
Posted on 10/27/14 at 10:49 am to Bham4Tide
Just saw it on ESPN.com and felt like sharing.
Not insuiating anything, merely posting something I found interesting.
Again, Alabama's own Al.com found it fascinating enough to make it their second headline today.
Not insuiating anything, merely posting something I found interesting.
Again, Alabama's own Al.com found it fascinating enough to make it their second headline today.
Posted on 10/27/14 at 10:50 am to Topwater Trout
quote:I don't either, and to be honest I'd think LSU, UGA, SoCarl should ALL be doing the exact same thing for their coaches.
The perks of winning. Rich boosters are appreciative. I don't see anything wrong with it.
Saban/Miles/Richt/Spurrier are tenured coaches that have proven themselves in this conference.
Posted on 10/27/14 at 11:38 am to RT1941
I dunno. This kind of bugs me. I know it's boosters and it's their money to spend like they want. But it seems to me you could do better things, like endowing scholarships or chairs at Alabama. Not giving a guy who already makes $7 million a year a really nice perk.
And yes, I will be very pissed if TAF is doing the same thing with Les Miles. A stupid-arse waste of a lot of money is a stupid-arse waste of a lot of money.
And yes, I will be very pissed if TAF is doing the same thing with Les Miles. A stupid-arse waste of a lot of money is a stupid-arse waste of a lot of money.
This post was edited on 10/27/14 at 11:40 am
Posted on 10/27/14 at 11:38 am to RT1941
This post was edited on 10/27/14 at 11:39 am
Posted on 10/27/14 at 11:47 am to timbo
Les Miles probably gets free cars and home as well. This is pretty common and truly a non-story.
Posted on 10/27/14 at 12:02 pm to okietiger
And Texas boosters paid off all of his debt. Happens every day.
Posted on 10/27/14 at 12:11 pm to timbo
quote:
But it seems to me you could do better things, like endowing scholarships or chairs at Alabama.
Why can't you do both?
Posted on 10/27/14 at 12:15 pm to okietiger
quote:
According to a report from Al.com, the Crimson Tide Foundation paid off Saban's $3.1 million home in January 2013 even though the organization was under no obligation to do so.
If they lose to LSU they're gonna un-pay it.
Posted on 10/27/14 at 12:21 pm to okietiger
quote:
Again, Alabama's own Al.com found it fascinating enough to make it their second headline today.
Al.com has probably had a story about someone's toast having the face of Bear Bryant on it as a secondary headline at some point.
Using what Al.com deems newsworthy as a guideline is not something I would admit to.
Posted on 10/27/14 at 12:25 pm to timbo
quote:
And yes, I will be very pissed if TAF is doing the same thing with Les Miles. A stupid-arse waste of a lot of money is a stupid-arse waste of a lot of money.
It really isn't a waste of money. I'm sure they treat it like an investment. One day when Saban no longer resides there they will sell the house for hopefully more than they purchased it for. It's not like the paid it off for him and said it is now yours free and clear.
Posted on 10/27/14 at 12:28 pm to Aman
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.
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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