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December 6, 2011

Theo Epstein Drop $3.25 Million on a House

I guess when your new employer throws $20 million your way in hopes to end their century-old can afford to buy whatever house you want.

Even if you end up paying more than the asking price. 

According to the Chicago Tribune, Theo Epstein, the Chicago Cubs new president of baseball operations dropped $3.25 million on his new digs. 

The rub...the house was listed at $2,999,999.

The reason (or reasons) for the price alledged bidding war with Chicago Blackhawks forward Patrick Sharp.  You see, Sharp signed a contract to buy the 7800-square-foot house on September 15, but canceled the contract on October 21...a mere five days before Epstein closed on it.

Of course, we'll never know if it was really a bidding war or, simply, coincidence.

That said...I have a feeling that Epstein really, really wanted to live "just block away from Wrigley Field" and opened his wallet to do so.

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