Kiffen has got a house but there is a catch

#27
#27
VegasBaby! said:
It is my understanding that the USC $500K loan is subordinated debt. If this is the case, USC will need to pay-off/buy the 1st Deed of Trust or they get nothing. The house is in Mahattan Beach, so they will be numerous bidders, even in a bad economy. Right now in the LA area, there is tons of off-shore cash looking to buy property. The off shore cash recognizes the LA real estate market for upper tier property is undervalued due to US economic problems (limited jumbo mortgage loan product) and they have been on a selected buying spree in SoCal. Manhattan Beach is definitely "select". In any event, it will take much more than $520K to pick up the house. That is probably close to the right amount for the auction or earnest deposit.
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Thanks

For the economics lesson
 
#28
#28
I-bleed-orange said:
Get outta here with that! WHY DO YOU PEOPLE HATE ON TEE!?!? He has a ! Merry Christmas to all my family in VolNation, including the OP! :salute: Go Vols!!
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Well If your not leaving and you owe the ones you have recruited for USC WHY EVEN COME get every body excited that your coming home.. Man don't EVEN COME!!!! WHY???cause you wanting a raise you gonna use us to make more money but let the fans who love you DOWN
and SON you got 3 kids that live in Knoxville that you can see grow up and someday you may be the head coach of your/our school.
Hell no SCREW YOU!!!
 
#30
#30
Orange Daddy said:
Well If your not leaving and you owe the ones you have recruited for USC WHY EVEN COME get every body excited that your coming home.. Man don't EVEN COME!!!! WHY??? Because you wanting a raise you gonna use us to make more money but let the fans who love you DOWN
and SON you got 3 kids that live in Knoxville that you can see grow up and someday you may be the head coach of your/our school.
Hell no SCREW YOU!!!
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Pretty much. F Tee. His boss is chocked filled with loyalty to his recruits.
 
#35
#35
Orange Daddy said:
Well If your not leaving and you owe the ones you have recruited for USC WHY EVEN COME get every body excited that your coming home.. Man don't EVEN COME!!!! WHY???cause you wanting a raise you gonna use us to make more money but let the fans who love you DOWN
and SON you got 3 kids that live in Knoxville that you can see grow up and someday you may be the head coach of your/our school.
Hell no SCREW YOU!!!
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There's a set of people who would call the move shrewd and an exhibition of keen business sense, previous relational status notwithstanding. I certainly can't fault him for it, especially in this economy.

I also believe a subsection of the forum population is blowing the situation out of proportion. As much as we would enjoy the opportunity to claim that we speak on behalf of a majority of fans, we are in fact an over-educated (in terms of athletic operations, at least) and highly reactionary minority.

When a diversion causes heartburn, sleepless nights, and/or excessive use of the shift & caps lock keys, it might be time to find something else with which to occupy oneself.
 
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#36
#36
volger said:
WTF does that even mean?
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I think it roughly translates to: "If your choices don't match the ones I would make (regardless of the circumstances surrounding your employment and life situations), then I am going to complain publicly and frequently until something else upsets me enough that I move on." I could be wrong; my kids passed this level of conversational structure a while ago, so I'm having to rely on a hazy memory in translation.
 
#38
#38
lol @ TMZ for acting like he couldn't afford the house if he got canned. Dude has plenty of money.
 
#39
#39
In other Kiffin-related news, his team didn't bother to show up to a dinner for the two participating teams in the Sun Bowl until an hour after it started.
 
#44
#44
I_Hate_the_BCS said:
Some of you are like 14 year old girls who got their heart broke by their 1st love. Get over it...move on...it's been almost 4 years
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It's reached the point where his douchebaggery is unanimously accepted across the board. Even a lot of USC fans hate him.

Quit being so offended, woman.
 
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#46
#46
rockytop9808 said:
It's reached the point where his douchebaggery is unanimously accepted across the board. Even a lot of USC fans hate him.

Quit being so offended, woman.
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I'm not offended, it's just embarassing for a fan base that people still talk about a coach who walked away from us almost 4 years ago.
 
#47
#47
I dont like Kiffen at all,but I don't wish that he loses his job or his home at all.It would be great to watch UT and USC in a bowl game where Kiffen gets bUTch slapped.haha
 
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