- Associated Press - Monday, October 27, 2014

TUSCALOOSA, Ala. (AP) - A private foundation set up to help fund athletics at the University of Alabama owns the home Crimson Tide football coach Nick Saban lives in.

Al.com reports (https://bit.ly/1tZHysY ) the Crimson Tide Foundation bought the home in March 2013 for nearly $3.1 million and has paid property taxes on it ever since.

Saban and his wife bought the house when they came to Alabama in 2007. Foundation assistant secretary Scott Phelps says they can continue to live there as long as they want, even after Saban retires.

The nonprofit foundation provides money for scholarships and the renovation or construction of athletic facilities, as well as endowing coaching positions.

A spokeswoman for the NCAA told al.com compensation packages are determined by the university, and a foundation can be a source for compensation.

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