When Russell Wilson was cut from the Denver Broncos earlier this month, that meant moving out of the Denver area and finding a new home in Pittsburgh after joining the Pittsburgh Steelers as a free agent. But unfortunately for him, it sounds like he’s taking a pretty major loss as part of that relocation.
According to a report from Lauren Penington of the Denver Post, Russell Wilson lost $3.5 million in the sale of his Denver mansion as he was unable to find a seller to pay the massive $25 million price he paid for the mansion in 2022.
“The most expensive home ever sold in the Denver area is officially off the market — and Russell Wilson took a $3.5 million loss to seal the deal,” Penington wrote for the Denver Post this week.
“Wilson, the former Denver Broncos quarterback who was cut from the team earlier this month, sold his 20,000-square-foot Cherry Hills Village mansion for $21.5 million Wednesday, according to Arapahoe County public records.”
Obviously, this is pretty terrible news for Wilson adding a little bit of financial injury to the already brutal way his time ended in Denver, and it led to a lot of reactions on social media.
Wow footballer bought house during Covid peak prices now sold house in an adjusted market and lost money…… economics https://t.co/Uvn841Tlan
— Bucknasty (@_MichaelAguero) March 22, 2024
3.5 Million dollars loss for Russell https://t.co/eDYhZ1bk7U
— BillsTok (@BillsTokMafia) March 22, 2024
Love to hear it https://t.co/F59bpAEnc5
— Yeeeeeb (@headshot42119) March 22, 2024
I am so happy https://t.co/tR1CJdfDky
— AverageBroncosFan (@AverageBroncos) March 22, 2024
— J Dinero (@YFN_Dinero) March 22, 2024
“Only” https://t.co/WoamDXKHyS
— Nathan (@NathanHawk307) March 22, 2024
Obviously, this doesn’t hurt too much as he will still make his $39 million guaranteed salary for 2024 from the Broncos even after signing with the Steelers.
