Michigan coach Rich Rodriguez and seven of his assistants have received $3.3 million in mortgages and lines of credit from the bank founded by Wolverine athletic director Bill Martin, the Detroit News reports.
Basektball coach John Beilein also received his mortgage at Bank of Ann Arbor. All totaled, 11 coaches have secured more than $4 million in loans from the bank where Martin is a shareholder and chairman of the board.
"I don't suggest banks to any coach," said Martin, pictured above. "I don't ever get involved in their financial affairs in any way, shape or form. I believe it would be a conflict of interest [to do so]."