Tag: Sale

Ex-Broncos QB Russell Wilson sells Denver-area home at $3.5 million loss

Russell Wilson paid a record price to purchase a Cherry Hills mansion in 2022, and he took a loss to sell it on his way out of town.

Although the Denver Broncos didn’t save any money by releasing ex-quarterback Russell Wilson, they may take a little satisfaction in that Wilson took at least one more loss on his way out of town.

Wilson sold his Cherry Hills home at a $3.5 million loss on March 20, according to Kourtney Geers of the Denver Business Journal. While the quarterback lost money, it was still a huge sale of $21.5 million, according to property records.

Wilson likely won’t lose any sleep over the sale given that he will have earned about $85 million from his two years with the Broncos.

Wilson bought his infamous 12-bathroom, four-bedroom, 20,060-square-foot house for a Denver-area record $25 million when he was brought in from Seattle to become the starting quarterback for the Broncos in 2022.

Wilson’s extravagant taste in real estate did not exactly translate to his play on the field. In his first season, it took until Week 15 for Wilson to throw for more than 12 touchdowns. Although his productivity spiked under head coach Sean Payton, Wilson was benched for the final two games of the 2023 season, then released this spring.

Wilson, now a clear-cut starter for the Pittsburgh Steelers, will still get a significant payday from Denver in 2024, but the QB’s time in Colorado has officially come to an end.

Wilson ends his Broncos tenure with fewer wins (11) than bathrooms (12) in the home he sold at a loss.

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ANWA host club Champions Retreat being sold to Texas-based Arcis Golf

Arcis Golf expands on its portfolio of nearly 70 clubs around the country.

Champions Retreat in Evans, Georgia – the host club for the first two rounds of the Augusta National Women’s Amateur each year – is being sold to Dallas-based Arcis Golf.

Terms of the deal, slated to close Friday, have not been released. News of the impending sale was emailed to Champions Retreat members, as first reported in the Augusta Press. The impending sale was confirmed independently by Golfweek, although an official statement has not been released to news organizations.

The private Champions Retreat near Augusta consists of three nine-hole courses designed by Arnold Palmer, Jack Nicklaus and Gary Player. The ANWA is played each April on Palmer’s The Island nine and Nicklaus’ The Bluffs nine before moving to Augusta National Golf Club for the final round the Saturday before the Masters begins. The club also features oversized and luxurious cabins with a top-notch food and beverage program. The club has opened its gates to guests during Masters weeks in recent years.

Champions Retreat was founded in 2005. Its reputation began to take off in 2014 when it was purchased by Bill Forrest, founder of the Connecticut-based private equity firm Tower Three Partners.

Arcis Golf, founded in 2013, owns or operates nearly 70 private, resort and daily-fee clubs around the United States. Its properties include TPC River’s Bend in Ohio, Cowboys Golf Club in Dallas, Grayhawk Golf Club in Arizona and Tijeras Creek Golf Club in California. Atairos, an independent private company focused on supporting growth-oriented businesses, acquired a substantial ownership position in Arcis in 2020. Fortress Investment Group LLC also maintains a significant ownership stake in Arcis.

NFL eyeing 2 dates in coming months for owners to potentially vote on Commanders sale

The latest on the Commanders sale.

Could we be close to the sale of the Washington Commanders being final? According to Ben Fischer of the Sports Business Journal, NFL owners have been told to reserve two dates for a possible special league meeting where they would likely vote on the Washington sale.

The dates — July 20 & Aug. 8 — line up with previous reports on a timeline for owners to vote on the sale.

Mark Maske of The Washington Post confirmed Fischer’s report, adding that the exact date, location and agenda would be confirmed at a later time.

If the owners can agree to the July 20 date, that would mean the Commanders’ sale would be completed one week before the team opens training camp in Ashburn.

Daniel Snyder bought the then-Redskins in 1999 for $800 million from the estate of Jack Kent Cooke. He finalized an agreement to sell the team to a group led by Josh Harris for $6.05 billion in May.

Free agent K Mason Crosby sold Green Bay area home last month

The sale is yet another sign that Mason Crosby is unlikely to return to the Packers.

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Kicker Mason Crosby, who remains unsigned, sold his Green Bay area home last month, according to Richard Ryman of the Green Bay Press-Gazette.

The sale is yet another sign that Crosby, who has been the Packers kicker since 2007 and turns 39 in September, is unlikely to return to Green Bay for a 17th season.

According to Ryman, the 6,140-square foot home sold for $1.35 million on May 23.

Last season, Crosby connected on 25 of 29 field goals and 37 of 39 extra point attempts, scoring 112 total points. He is the franchise’s all-time leader in field goals made and points scored.

Crosby’s contract with the Packers voided in February, leaving behind a little over $1 million in dead money on the team’s salary cap.

As is the case at quarterback, the Packers are likely to be transitioning to youth at kicker in 2023.

General manager Brian Gutekunst drafted Auburn’s Anders Carlson in the sixth round of the 2023 draft. Carlson has direct ties to Packers special teams coordinator Rich Bisaccia and must be considered the heavy favorite to be the team’s kicker come Week 1 of 2023.

Overall, Crosby played in 258 straight regular-season games and 23 playoff games for the Packers.

Crosby’s bio is no longer available on the team’s official site.

Per Ryman, Crosby recently bought a new home in Tennessee.

Former Google CEO is a part of Josh Harris’ bid for the Commanders

Another big name is revealed as part of Josh Harris’ group.

Another day, another name linked to Josh Harris’ bid to buy the Washington Commanders.

On Thursday, Sportico revealed two more names from the Harris group: Colombian billionaire Alejandro Santo Domingo and Morgan Properties CEO Mitchell Morgan.

On Friday, Giles Turner and Heather Perlberg of Bloomberg revealed that former Google CEO Eric Schmidt is also a part of Harris’ bid to buy the Commanders. Schmidt’s net worth is $21.7 billion, according to Forbes, making him the wealthiest known member of the Harris group. Santo Domingo’s net worth is over $12 billion, while Harris is worth $7.7 billion and Mitchell Rales‘ net worth is $6.7 billion.

Schmidt was Google’s CEO from 2001-11, and he stepped down in 2011 but remains as one of the company’s largest individual stakeholders.

In another development from Thursday, the Commanders are reportedly lobbying the federal government to give control of the federal-owned RFK Stadium site to the D.C. government, clearing a path for the Commanders to build a new stadium in the District.

Interestingly enough, Schmidt has worked in an advisory role for the Defense Department.

Forbes initially reported last month that Harris had 17 minority investors. Thus far, Rales, Earvin “Magic” Johnson, Mark Ein, Santo Domingo, Morgan and Schmidt have been revealed as minority partners.

We’ll continue to follow this story.

 

Review process ‘moving along very rapidly’ for the Commanders

While prospective new owner Josh Harris wasn’t involved in Washington’s first-round selection, neither was Dan Snyder.

Until the Washington Commanders are officially sold, and no longer under the ownership of Daniel Snyder, they will continue to be a hot topic at all NFL functions.

Earlier Thursday, at the 2023 NFL draft in Kansas City, NFL commissioner Roger Goodell spoke about Washington’s impending sale.

“We’re communicating with the team,” Goodell told ESPN at the network’s coverage of the NFL draft in Kansas City, Mo, via Mark Maske of The Washington Post.

“They’re working, obviously, on the transaction. That progress will hopefully lead to them being comfortable to announce some type of a transaction probably by the middle of May or late May.”

After the Commanders selected Mississippi State cornerback Emmanuel Forbes at No. 16 overall, Ian Rapoport of the NFL Network offered a bit more on Washington’s sale. 

The “review process is moving along very rapidly.” More good news for Washington fans.

While Harris was not involved, neither was Snyder, according to Grant Paulsen of 106.7 The Fan.

Snyder remains far removed from Washington’s day-to-day decisions, something that wasn’t always the case.

Canadian billionaire Steve Apostolopoulos interested in the Commanders

Apostolopoulos recently toured Washington’s facilities.

Another potential buyer interested in the Washington Commanders has emerged, according to Adam Schefter of ESPN.

Canadian billionaire Steve Apostolopoulos recently toured Washington’s facilities in Ashburn, Virginia, and FedEx Field. He joins Philadelphia 76ers and New Jersey Devils owners Josh Harris and Houston Rockets owner Tilman Fertitta as potential buyers who have toured the franchise’s facilities.

The level of interest Amazon founder Jeff Bezos has in buying the Commanders is not known, but some believe he could still bid on the NFL franchise. Washington owner Daniel Snyder has reportedly resisted any Bezos interest because he owns The Washington Post.

Who is Apostolopoulos?

He founded Six Ventures, Inc., a private equity venture fund. He was born in Toronto and attended Harvard. Apostolopoulos was reportedly interested in buying the NBA’s Charlotte Hornets from Michael Jordan but has recently focused on the Commanders, per Schefter.

The Commanders are valued at $5.6 billion, according to Forbes. Apostolopoulos is valued at approximately $3.9 billion, according to A.J. Perez of Front Office Sports.

Apostolopoulos will need investors if he plans on entering the bidding. Fertitta and Harris have placed bids on the Commanders. Harris has partnered with Mitchell Rales and, most recently, Magic Johnson, strengthening his bid, and some view him as the frontrunner.

The NFL owner’s meetings begin next week, and the league was initially hoping for a resolution at that time. However, while the sale is progressing, it could be May before owners vote on a potential new owner for the Commanders.

Aqib Talib reacts to Von Miller putting his Colorado home up for sale

Aqib Talib had a similar reaction as Broncos fans when Von Miller put his Colorado home up for sale.

The 2015 Denver Broncos season is remembered as Peyton Manning’s swan song season, but the true gem of that Super Bowl-winning team was the defense. Von Miller, DeMarcus Ware, Aqib Talib and Co. were No. 1 in the NFL in total defense that season.

Talib, who was a member of the famed “No Fly Zone” secondary, would also lead the NFL in passing defense. A top defense of that caliber requires special chemistry, bond, and culture to go along with talent.

So when Miller put his Colorado house up for sale, the former star cornerback understandably had a melancholy reaction.

Miller was a cornerstone for the Broncos since 2011 and was traded to the Los Angeles Rams mid-season in 2021. Miller’s time with the Rams was parlayed into a second ring for the future Hall of Famer which additionally garnered him a massive, six year, $120-million contract with the Buffalo Bills this offseason.

With Miller on the East Coast, it made sense for him not to need the Foxfield mansion. However, the memories he and Aqib made in the orange and blue will never go away.

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Ex-Broncos OLB Von Miller is selling his Colorado home

The end of an era: Von Miller is selling his Colorado home.

It finally happened. For many Denver Broncos fans, it is the end of an era. It’s hard to believe. Von Miller is leaving Colorado. For a cool $4.125 million, you can own the former linebacker’s Colorado estate.

Before a trade to the Los Angeles Rams in the middle of the 2021 season, Miller was the face of the Broncos. Over 100 sacks, two Super Bowl appearances and one Super Bowl MVP later, Miller was a mainstay in the Colorado community. As an example, Miller’s groundbreaking charity, Von’s Vision Foundation continues to help Colorado children get affordable glasses.

After winning the Super Bowl with the Rams, Miller went on to sign with the Buffalo Bills with a six-year, $120 million deal.

Miller’s 17,148 square foot, 4.28-acre fortress of a home in Foxfield, Colorado is a sight to behold. In the home, there are four full baths, 11 partial bathrooms and nine bedrooms.

Take a look at some of the gorgeous features, which includes a massive basement bar and a 1,500-square-foot closet.

We’ll miss you, Von. It has been a hell of a ride.

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