UCLA Head Coach Rick Neuheisel's Contract Includes $1.5 Million Home Loan

ESPN Reports that, according to the contract, there is a home loan clause of up to $1.5 million at a 3 percent rate. 3%? That's awesome. Prime is 5% plus.

I think that this is very smart move on Neuheisel's part and also on UCLA's end for honoring such a request. The relocation process can take a mental toll on head coaches and their families. It's refreshing to see head coaches and schools sort out financing and acknowledge the home buying/relocation process within a contract.

A little history lesson...While at Washington the school paid-off, in three installments, an $800,000 home loan Neuheisel secured when he was Colorado's head coach. Neuheisel has made a habit of including real estate into his contracts...smart guy.

The Dingman Group: A New Standard of Nationwide Pro Athlete Relocation Services

Attention Athletes!

Drafted? Traded? New Contract Signing?

Mid or off-season you will surely be required to rent, purchase and/or sell a home in a short time-frame. The Dingman Group is the most trusted nationwide relocation company by the professional sports world. From rookies to veterans to all-stars TDG can confidentially move you into a home no matter where you are moving to. TDG's Realtors specialize in performing real estate transactions for pro athletes and their families. Partnerships with companies and services exist in every city that houses a major professional sport.

The Dingman Group's motto? Bringing the Professional Sports World Home.

Looking a their testimonials and client list the TDG is certainly doing a fantastic job.

AT&T Home Turf: Get A Sneak Peak Inside Your Favorite Athlete's Homes.

This isn't MTV Cribs where athletes and entertainers all try to one-up each other. Instead, refreshingly, AT&T only sough-out professional athletes who are very chill and humble to get an inside view of their homes. I hope they continue to film these spots, they are fun.

Watch a video tour of AJ Hawks home (among others) in Green Bay, WI. 

Magic Johnson Enterprises

Magic Johnson officially has an empire. His real estate portfolio consists of Starbucks, TGI Friday's, Burger King, MJ Theaters, 24-Hour Fitness Gyms, major urban condominium/apartment developments and much, much more. 

Residential single family homes are just the beginning in terms of real estate investing. With the right advisers in your corner, combined with a thirst for real estate business knowledge, the sky is the limit on a upper eschelon pro athletes salary.

What's even greater is his passion to bring a new sense of hope and jobs to the residents of inner cities across the nation. All of the above investments were made within urban city walls where on a daily basis there is economic struggle. Now, there are more jobs and the people actually have choices with regards to restaurants and employment that they never had before.

Original article: Washington Business Journal