Get Connected
  • facebook
  • twitter
Print

George Hohmann: Big houses, big losses for coaches

The Wall Street Journal published a feature last week headlined, "Football's Costly Turnovers: College coaches often have the biggest houses in town - and they need to move frequently. The result? Plenty on the market for the buyer who wants a home with a putting green, wet bar and stuffed alligator head."

Terry Saban, wife of Monongah native Nick Saban, head football coach at No. 1-ranked Alabama, told the Journal, "If you win, you move, and if you lose, you move. You like to be positive and have faith, but you can't help but think about the next move."

Coaches' homes are often the most expensive in town and the biggest. They're frequently designed to host events with large athletes.

"When Rich Rodriguez and his wife, Rita, moved to an 8,500-square-foot, five-bedroom home in Saline, Mich., where they lived when Mr. Rodriguez was head coach at the University of Michigan, they had to make sure the rocks next to the swimming pool could hold the weight of football players," the Journal reported.

The Rodriguez home was listed for sale after the Grant Town native was named head coach at the University of Arizona. "It took about nine months to close at $1.3 million, about $200,000 less than they bought it for in 2007," the Journal reported. "Mrs. Rodriguez says she looks at the loss as part of the cost of having a house meant for entertaining."

According to the Journal, the Rodriguezes now live in an 8,900-square-foot home in Tucson, Ariz., which they bought in July for $2.5 million.

***

Frank Ahrens, a West Virginia University graduate, has been promoted to vice president of global corporate communications at Hyundai Motor Co., according to Automotive News.

Ahrens, 48, interned at the Daily Mail in 1988 and went on to spend 18 years as a journalist at The Washington Post.

Ahrens is the only foreigner working at the vice-president level at Hyundai's global headquarters in Seoul, according to Automotive News.

"The move is part of a shift toward greater globalization at South Korea's biggest automaker," the trade magazine said. "It speaks also to an emerging trend of Asian carmakers internationalizing public relations."

***

WVU College of Business and Economics Professor Emeritus Tom Witt has established a limited liability company, Witt Economics, in Morgantown.

Witt Economics was formed to provide economic consulting services, according to papers filed in West Virginia Secretary of State Natalie Tennant's online business database.

***

If you don't like the policies of the AARP, there is an alternative: the Association of Mature American Citizens, or AMAC.

The organization describes itself as "The Voice of Americans 50 "

The website is http://amac.us.


Print

User Comments