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Cowher trust buys home in Raleigh, NC (1 Viewer)

The Jerk

Footballguy
This news figures to restart rumors that Cowher may soon be the ex-coach of the Steelers. On the other hand, he can afford two homes and the family may have simply found a location and house that they could not pass up given that they eventually will move there.

Local Pittsburgh radio has previously mentioned rumors that the Cowhers would move to North Carolina into a school district with a nationally known girls basketball program. Cowher's oldest daughter is playing at Princeton, while her two younger sisters are currently playing in high school.

My guess is no move is imminent, but it appears at least possible that Cowher is in his final seasons with the Steelers. Another hint at the short term forecast will be if/when Cowher's contract is renewed by the Rooneys. In the past, his contract has been extended with two years remaining on the deal. I believe that is the case again this year. It is at least possible that Cowher will not have his contract extended. Stay tuned.

From The News & Observer

With a Super Bowl ring newly snug on his finger, Pittsburgh Steelers coach Bill Cowher has little reason to leave Pittsburgh.

But he and his family appear to be planning for a future in Raleigh.

A trust managed by his sports agency has purchased a $2.5 million home in an upscale neighborhood in North Raleigh, according to documents on file with the Wake County Register of Deeds.

The MLL Revocable Trust is managed by Frank Zecca, vice president of Octagon Financial Services in McLean, Va. The initials "MLL" may correspond to the first initials of Cowher's three daughters: Meagan, Lauren and Lindsay.

Cowher, 48, has strong ties to North Carolina. He played linebacker at N.C. State in the late 1970s. His defensive coach was Chuck Amato, now the Wolfpack's head coach.

Cowher's wife, the former Kaye Young, and her twin sister, Faye, were members of the Pack women's basketball team then and the sisters still have family in Bunn.

The Cowhers also own a summer home on Bald Head Island.

Kaye Cowher didn't confirm the family had purchased the North Raleigh house but said the family plans to live in Raleigh at some point.

"It's where we want to settle down. Raleigh is where we want to be," she said in a recent interview. "It's where we went to school, we have family and great friends there, and it's a wonderful city. We're looking into real estate there."

Estate planners can conceal residency or ownership for certain properties by creating trusts or companies to be named in public records.

Zecca would not comment on who would occupy the house. Likewise, home builder Don Collins would not comment on the buyer.

"I don't have to give out any information on anyone who buys my houses," Collins said.

The 7,400-square-foot house sits on 1.55 acres off of Norwood Road in North Raleigh.

According to the house's listing, it has five bedrooms, a built-in wet-bar, a whirlpool, a swimming pool and garage space for four cars.
 
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With a Super Bowl ring newly snug on his finger, Pittsburgh Steelers coach Bill Cowher .....
They didn't get the rings yet, did they? I thought there was quite a delay between the Super Bowl and the delivery of the rings...
 
With a Super Bowl ring newly snug on his finger, Pittsburgh Steelers coach Bill Cowher .....
They didn't get the rings yet, did they? I thought there was quite a delay between the Super Bowl and the delivery of the rings...
What do you expect from a North Carolina newspaper? (Actually, it's just a figure of speech.)
 
Any sigthings of Cowher buying houses for the SB umpires?
In that case, he better be a rich man. He'll also have to buy houses for Jeff Fisher, Jim Tunney, Mike Pereira, Keith Olbermann, Peter King (SI), Greg Cote (Miami Herald), Gene Wojciechowski (ESPN), Tony Moss (Sports Network), Clark Judge (sportsline.com), Drew Sharp (Detroit Free Press), Tim Cowlishaw (Dallas Morning News), and assorted other sportswriters who missed the memo that the officiating decided the Super Bowl.In addition, he could at least buy big-screen TVs for the 40+ non-Steeler fan FBGs who argued the same way.

Finally, he might want to send a six-pack to the people comprising 68% of the 313,000+ votes (as of the end of February) in the ESPN poll on SB XL officiating who voted that the performance of the Steelers and Seahaws (i.e., NOT the officiating) played the biggest role in determining the outcome of the game.

ESPN SB XL officiating poll

 
someone making something out of nothing IMO, no news here other than I guess it's nice he likes the NC area.

 
someone making something out of nothing IMO, no news here other than I guess it's nice he likes the NC area.
As the article alluded to, Bill and Kaye Cowher met when both were students at N.C. State. It all comes down to timing. Nothing in the article suggests a timeframe, but I cannot recall a similar story concerning other NFL head coaches. Perhaps other FBGs can enlighten me...
 
For what it's worth...

From the Pittsburgh Post-Gazette

Cowher reportedly buys home in N.C.

Purchase starts speculation of retirement

Wednesday, March 01, 2006

By Ed Bouchette, Pittsburgh Post-Gazette

Bill and Kaye Cowher apparently have bought a $2.5 million house in Raleigh, N.C., and it has prompted the kind of speculation that real-estate agents would love, only this is going on in the news media.

Kaye Cowher would not confirm the purchase to the News & Observer in Raleigh, but the paper quoted her recently saying that the family plans to live eventually in Raleigh. Steelers coach Bill Cowher has talked in recent years about ultimately retiring to that state, where the family also owns a beach house on Bald Head Island. He and his wife attended North Carolina State, Kaye is a native of North Carolina and they have many family and friends in the area.

The paper reported that a trust managed by Cowher's sports agency purchased a newly built, $2.5 million home in an upscale neighborhood in North Raleigh. The MLL Revocable Trust is managed by a vice president for Octagon Financial Services, Frank Zecca, the paper said. The house is 7,400 square feet and includes 1.55 acres a swimming pool and four-car garage.

Cowher, through a Steelers spokesman, declined comment yesterday on the purchase, and his agent, Octagon's Phil de Picciotto, said only that he couldn't comment.

Cowher has two seasons left on his contract, and talks are expected to begin soon on an extension with the Steelers.

The purchase of the home merely could be a step in planning for his eventual retirement, but it did not stop speculation that it was otherwise.

Recent talk-show gossip had Cowher retiring after his first Super Bowl victory. WTAE-TV reported yesterday that Cowher "may move his family in and commute to Pittsburgh from North Carolina next season."

That, of course, would be a long commute, the longest any NFL coach has made.

The Cowhers have three daughters who all play basketball. Meagan is a sophomore at Princeton. Lauren is a senior at Fox Chapel High School, and Lindsay is a freshman there. Cowher has said he would like to keep coaching at least until Lauren graduates.
 
Here is my take from a guy that lives in N. Raleigh...

The Cowers' have huge ties to this area. As big as Bill was a FB player here his wife and her twin were the shinny here during their day. Bill takes his wife on a 30 year Oddessy around the US, the LEAST he owes her is a home where her family is from.

If you want to speculate on a coaching change of some sort, don't look any further than Chuck Amato. He has fallen from grace around here very quickly and if he seems on his way out, then the speculation can begin...wait, how many starters is Amato going to lose to early entry in the draft???...Cower will be the HC at State in 2008...

P.S. to add my house is worth 1/10 of his house...lol

I also saw him on a ferry ride to Bald Head Island last May...it is true, he does not smile.

 
This news figures to restart rumors that Cowher may soon be the ex-coach of the Steelers. On the other hand, he can afford two homes and the family may have simply found a location and house that they could not pass up given that they eventually will move there.

Local Pittsburgh radio has previously mentioned rumors that the Cowhers would move to North Carolina into a school district with a nationally known girls basketball program. Cowher's oldest daughter is playing at Princeton, while her two younger sisters are currently playing in high school.

My guess is no move is imminent, but it appears at least possible that Cowher is in his final seasons with the Steelers. Another hint at the short term forecast will be if/when Cowher's contract is renewed by the Rooneys. In the past, his contract has been extended with two years remaining on the deal. I believe that is the case again this year. It is at least possible that Cowher will not have his contract extended. Stay tuned.
I've discreetly slipped it in a couple of times over the last 2 months. Cowhers days are numbered (by choice) in Pittsburgh. I was told it would be a couple/few more years, but that it could accelerate with a SB win. To add to the speculation, maybe Cowhers imminent retirement influenced Whisenhunts decision to stay. :tinfoilhat:

By the way, they also have a vacation house on the coast of NC.

 
someone making something out of nothing IMO, no news here other than I guess it's nice he likes the NC area.
As the article alluded to, Bill and Kaye Cowher met when both were students at N.C. State. It all comes down to timing. Nothing in the article suggests a timeframe, but I cannot recall a similar story concerning other NFL head coaches. Perhaps other FBGs can enlighten me...
I think the author took a leap in equating him buying a home to equal him leaving the Steelers. I think it did mention a timeframe of a couple years when the contract was mentioned but nonetheless, I think this is just pot stirring. You don't and think it's a good topic and well I guess I shouldn't have commented then. Sorry about that. It's been a long few days with little sleep. Sorry, I'll just mind my Ps and Qs
 
someone making something out of nothing IMO, no news here other than I guess it's nice he likes the NC area.
As the article alluded to, Bill and Kaye Cowher met when both were students at N.C. State. It all comes down to timing. Nothing in the article suggests a timeframe, but I cannot recall a similar story concerning other NFL head coaches. Perhaps other FBGs can enlighten me...
I think the author took a leap in equating him buying a home to equal him leaving the Steelers. I think it did mention a timeframe of a couple years when the contract was mentioned but nonetheless, I think this is just pot stirring. You don't and think it's a good topic and well I guess I shouldn't have commented then. Sorry about that. It's been a long few days with little sleep. Sorry, I'll just mind my Ps and Qs
Bri, you're always welcome to post in my topics. You bring a lot to the board and I respect your opinion. I'm not sure what to think on this one myself, but you're right that I see more here than you. Before this year's playoffs, I thought Cowher was 90% likely to coach into his mid-to-late 50s in Pittsburgh (he's 48 now). With the SB win and now this story, I think he is 90% likely to coach four or fewer years with the Steelers.
 
Cowher has 2 years left on his contract, which is when the Steelers usually like to talk extensions. If he doesn't extend his contract soon, look for a new head coach for the Steelers in 2008.

 
It's a house in North Carolina. Nice place to have a second house. Now, if he just bought a house in Detroit or someplace.......

 
I believe the Cower's youngest daughter has a couple of years left in high school...I would say BC stays in the Burgh at least until his last child enters college.

That seems to make sense...at least to me.

 
I believe the Cower's youngest daughter has a couple of years left in high school...I would say BC stays in the Burgh at least until his last child enters college.

That seems to make sense...at least to me.
According to at least one local TV station, Cowher's youngest daughter supposedly has an interview with a private HS in North Carolina today.
 
Any sigthings of Cowher buying houses for the SB umpires?
In that case, he better be a rich man. He'll also have to buy houses for Jeff Fisher, Jim Tunney, Mike Pereira, Keith Olbermann, Peter King (SI), Greg Cote (Miami Herald), Gene Wojciechowski (ESPN), Tony Moss (Sports Network), Clark Judge (sportsline.com), Drew Sharp (Detroit Free Press), Tim Cowlishaw (Dallas Morning News), and assorted other sportswriters who missed the memo that the officiating decided the Super Bowl.In addition, he could at least buy big-screen TVs for the 40+ non-Steeler fan FBGs who argued the same way.

Finally, he might want to send a six-pack to the people comprising 68% of the 313,000+ votes (as of the end of February) in the ESPN poll on SB XL officiating who voted that the performance of the Steelers and Seahaws (i.e., NOT the officiating) played the biggest role in determining the outcome of the game.

ESPN SB XL officiating poll
:goodposting: says it all,really..seattle lost fair a square.

 
Here is my take from a guy that lives in N. Raleigh...

The Cowers' have huge ties to this area. As big as Bill was a FB player here his wife and her twin were the shinny here during their day. Bill takes his wife on a 30 year Oddessy around the US, the LEAST he owes her is a home where her family is from.

If you want to speculate on a coaching change of some sort, don't look any further than Chuck Amato. He has fallen from grace around here very quickly and if he seems on his way out, then the speculation can begin...wait, how many starters is Amato going to lose to early entry in the draft???...Cower will be the HC at State in 2008...

P.S. to add my house is worth 1/10 of his house...lol

I also saw him on a ferry ride to Bald Head Island last May...it is true, he does not smile.
Hey Sweet Love, I live in North Raleigh too. Moved here less than a year ago and if you ever need people for a local league let me know. :thumbup:
 
Wow, a person with millions of dollars buying a home in another State? We must surely conclude that he isn't coaching Pittsburgh next season.

 
He probably owns a house in the Hampton's as well. Probably a ranch in the south, a beach house in Florida, a town somewhere else.....this is ridiculous.

 
someone making something out of nothing IMO, no news here other than I guess it's nice he likes the NC area.
As the article alluded to, Bill and Kaye Cowher met when both were students at N.C. State. It all comes down to timing. Nothing in the article suggests a timeframe, but I cannot recall a similar story concerning other NFL head coaches. Perhaps other FBGs can enlighten me...
I think the author took a leap in equating him buying a home to equal him leaving the Steelers. I think it did mention a timeframe of a couple years when the contract was mentioned but nonetheless, I think this is just pot stirring. You don't and think it's a good topic and well I guess I shouldn't have commented then. Sorry about that. It's been a long few days with little sleep. Sorry, I'll just mind my Ps and Qs
Bri, you're always welcome to post in my topics. You bring a lot to the board and I respect your opinion. I'm not sure what to think on this one myself, but you're right that I see more here than you. Before this year's playoffs, I thought Cowher was 90% likely to coach into his mid-to-late 50s in Pittsburgh (he's 48 now). With the SB win and now this story, I think he is 90% likely to coach four or fewer years with the Steelers.
Are you guys going to hug?
 
He's gonna live in Pittsburgh during the season and his family will be in Raleigh so his daughter can play basketball....Nothing speciial...

 
Here is my take from a guy that lives in N. Raleigh...

The Cowers' have huge ties to this area.  As big as Bill was a FB player here his wife and her twin were the shinny here during their day.  Bill takes his wife on a 30 year Oddessy around the US, the LEAST he owes her is a home where her family is from.

If you want to speculate on a coaching change of some sort, don't look any further than Chuck Amato.  He has fallen from grace around here very quickly and if he seems on his way out, then the speculation can begin...wait, how many starters is Amato going to lose to early entry in the draft???...Cower will be the HC at State in 2008...

P.S. to add my house is worth 1/10 of his house...lol

I also saw him on a ferry ride to Bald Head Island last May...it is true, he does not smile.
Hey Sweet Love, I live in North Raleigh too. Moved here less than a year ago and if you ever need people for a local league let me know. :thumbup:
We just started a local league with some local FBGs last year, so if we expand or lose someone, I will let you know.
 
Well, the hammer has dropped on Chuck. The Bill Cowher chatter is alive and well locally. NCSU needs to compete with the Butch Davis hire for sure.

Do we have a chance in hell at landing him?

 
Well, the hammer has dropped on Chuck. The Bill Cowher chatter is alive and well locally. NCSU needs to compete with the Butch Davis hire for sure. Do we have a chance in hell at landing him?
Unlikely that a head coach that has just recently won a Super Bowl would leave the pros and coach college. I don't think it has ever happened and Cowher seems to me to be a guy that would not have much interest in dealing with teenager players, recruiting, alumni associations, etc.It could happen but my guess is that if Cowher leaves the Steelers after this season he sits out for a year or two to watch his daughters play basketball and returns to the NFL with a team willing to offer him a huge contract.
 
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David Glenn's ACC Journal, posted Monday:

Q: What do we know about the N.C. State coaching search so far? Is Bill Cowher really the leading candidate?

A: It's been less than 24 hours since the official dismissal of Chuck Amato, so there's not much hard news to report. You don't need sources, though, to understand that Bill Cowher will be the only candidate who matters unless/until he tells N.C. State officials otherwise. He's a former Wolfpack player who always has spoken glowingly about the school and its football program, and he's the reigning Super Bowl champion. His family moved to Raleigh earlier this year. He's the longest-tenured NFL head coach (at 15 years), and he has offered mixed reviews on coaching at the pro level. He has only one year left (beyond this one) on his contract with the Pittsburgh Steelers, and he broke off negotiations for a routine extension this summer. You can bet the ranch, the farm and the dog that Cowher is in contact with NCSU right now. Of course, only he and a few others could tell you with certainty whether he's truly a candidate or merely a consultant at this point, and none of those folks is talking right now.

Q: Speculation is always fun, but is there any "hard evidence" that Cowher has been or will be offered the job?

A: No. The way these things usually work (at all schools), the only way Cowher, N.C. State athletic director Lee Fowler, Board of Trustees chairman Wendell Murphy or anyone else of influence will confirm that the job has been offered to Cowher is if he agrees to accept it. (Remember, to this moment, nobody from NCSU has ever confirmed publicly that the school's basketball job was offered to Rick Barnes, although everyone knows that was the case.) Eventually, other informed NCSU folks will provide updates on the Wolfpack's football search. For now, though, it will be up to Cowher to address the situation publicly, as soon as he's made up his mind.

Q: When do you expect Cowher to decide whether he's a "candidate" or a "consultant"?

A: Very soon. Maybe even tomorrow at his regularly scheduled Steelers press conference. Of course, if he says anything that soon, it probably will be bad news for N.C. State. If he really were interested in the Wolfpack job, obviously, it would take a little bit longer to strike a deal. If the answer is no, the sooner the better for the Pack.

Q: Hasn't Cowher already turned down the Wolfpack once before?

A: Yes. When N.C. State fired Mike O'Cain after the 1999 season, Cowher was the first person to be offered the job by then-AD Les Robinson. Cowher declined (citing bad timing), as did former Georgia coach Jim Donnan and others, before Amato was hired. But Cowher also told many at NCSU at the time that he would always listen in the future, whenever the job came open again, and that you never know when the timing might be right.

Q: If you had to guess, do you think the timing is right for Cowher this time?

A: No. But that's all it is right now, a guess. The same NCSU sources who repeatedly provided this blog with incredibly accurate, insightful, detailed information during the Wolfpack's basketball search are not at all optimistic that Cowher will say "yes" this time. Again, though, even they admit they merely are speculating at this point.

Q: The NFL pays its head coaches a lot more than colleges can pay, right? In other words, if it's about money, there's no way Cowher will leave the NFL for N.C. State, right?

A: Right. NFL head coaches make anywhere from $2 million to $8 million per year. Cowher is making about $4 million with Pittsburgh, and many NFL experts believe he could make $7-8 million per year with another pro team when his contract with the Steelers expires after the 2007 season. The average Division I-A head coach makes a little bit less than $1 million per year. The highest-paid college football coaches make in the $3 million range annually. If Cowher or any other NFL head coach were to leave voluntarily for a college job, he would have to make money a secondary consideration. Colleges simply aren't in a position financially to out-spend most NFL owners.

Q: So does that mean there's no way the Wolfpack will get Cowher?

A: No. It merely means that Cowher has a very important, personal decision to make. How important is money to him at this stage of his career? Does the idea of coaching the Wolfpack still excite him? Does he want to continue coaching, or does he need some time off? Is the timing right? What does his family think? Right now, only Cowher and his closest confidants know the answers to those questions, and even Cowher himself may be re-evaluating his answers. When asked about the NCSU job this summer, Cowher said the Wolfpack had a "good coach," so he didn't think the job would be open anytime soon. Well, it's open now. Maybe Cowher has to answer now a question he thought would come much later.

Q: I know some college coaches have won the national championship, then taken a job in the NFL. Has a pro coach ever won the Super Bowl, then taken a job in college?

A: Yes. Bill Walsh, who led the San Francisco 49ers to Super Bowl victories in 1981, 1984 and 1988, took the Stanford job in 1992, at the age of 60. He compiled a 17-17-1 record in three years with the Cardinal, including a 10-3 record in 1992, then resigned after back-to-back losing seasons. Walsh spent three years away from coaching (as an NBC television analyst) between his retirement from the 49ers and his return to Stanford, where he also coached from 1977-78.
Assuming the Cowher's previously stated interest in the State head coaching job was genuine, this could well be his last chance. If he is offered for the second time and declines, State will hire someone else and the job will not come open again for 5+ years, and then only if the next coach is not successful.Even assuming he resigns from the Steelers after this season and further assuming he is interested in the State job, I agree that the timing may be less than ideal, as he might have preferred a year off to recharge and prepare for college coaching. But it is what it is. The timing will work now if he wants it to work.

It does seem to me that he is likely to resign after this season. His daughter is enrolled at Ravenscroft High School in Raleigh this year, and she is only a sophomore IIRC. Hard for me to believe that he would choose to stay in the NFL, which is obviously not in Raleigh, and thus would voluntarily stay away from his wife and daughter during the season for two more years. He is known to be a strong family man.

In addition to Walsh, Weiss and Pete Carroll have been successful in moving from the NFL to college. I believe both Dave Wannstedt and Al Groh left the NFL (perhaps not voluntarily in Wannstedt's case) and returned to their alma maters. Bill Walsh left the NFL to return to Stanford, where he previously coached. Other than Walsh, none of them measured up to Cowher in the NFL IMO, but there is some precedent.

In Cowher's case, he and his wife both played for N.C. State, and he is known to maintain strong ties to the school.

I don't think it is likely, but it could happen. I know I'd like it to happen. :)

 

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