Football and the housing market

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Bret Lewis

Bret Lewis

L.A.'s Morning News: Phil Hulett and Penny Griego
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The college bowl season is in full swing. On New Year’s Eve it will be USC against Georgia Tech in the Sun Bowl.

Hardly the capper to the season Trojans fans were expecting. USC started the season number one in the nation, they finished 7-and-5 — including a loss to UCLA. And there was talk that coach Lane Kiffin would be fired. He’s still hanging in there.

And he has extra motivation according to TMZ.

When Lane was hired the school gave him a $500,000 loan — and he bought a $5.5 million home in Manhattan Beach. If he gets canned, he not only has to pay back the loan, but with interest as well.

 So if Lane puts his house up for sale on Craig’s List as a “nice little fixer upper,” you’ll know he’s in trouble.

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