Nick Saban has made some big-time money moves off the field.
Saban has been in the auto dealership business for several years, and now he’s added 2 more stores to his growing portfolio.
Dream Motor Group, which is co-owned by the Alabama coach, has purchased 2 South Florida Mercedes-Benz stores in a $700 million deal, according to Automotive News.
The legendary head coach already owns a pair of Mercedes locations in Birmingham, one in Baton Rouge, one in Nashville, and another in the Houston area.
Fans took to the comment section and blasted Saban since he complained about the NCAA’s still new NIL reality as he wasn’t so much against players earning compensation from their name, image, and likeness, but he did not support the current mechanisms by which it happens.
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Earlier this year, Alabama head coach Nick Saban made it clear he saw way too many flaws in the current NIL system.
NIL collectives pool money from boosters and businesses and help facilitate NIL deals for athletes.
“The issue is, when you create those [collectives] for people, are you establishing a pay-for-play type of environment that can be used in recruiting? So now, all the sudden, guys are not going to school where they can create the most value for their future,” Saban told Sports Illustrated. “Guys are going to school where they can make the most money. I don’t think that is even the best thing for the player.”
“You went to college. I went to college,” Saban added. “Why were we going? We had goals and aspirations for how we wanted to create value for our future. Sometimes these things can be a distraction academically as well as athletically. But I’ll say it again: I think name, image, and likeness is good for players.
“The whole concept of collectives is what has created this environment that we are in, and I’m not sure that anybody really had the insight or the vision to see that was going to happen. So, therefore, we had no guidelines, and now we’re trying to develop some.”
Saban told Sports Illustrated it may need to be addressed at the federal level so that “you don’t have different state laws and there are guidelines for what you can and can’t do.”
