December 6, 2011
Theo Epstein Drop $3.25 Million on a House
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 hike...an 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.