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NFL lockout may force players to sell some pricey real estate

New England Patriots quarterback Tom Brady tries to flog his plush Manhattan pad for a whopping $18.5m.

16/03/11 262 Views No Comments

Reproduced with permission from BusinessInsider

TOM BRADY HAS been prepping for the NFL lockout for a while now.

By the time it started this weekend, he had gone into contract to sell his Manhattan pad on a high floor in the twin-towered Time Warner Center, overlooking Central Park.

Brady had been renting out the three-bedroom spread for $50K per month since buying in 2004 and was previously asking $18.5M, but we’re betting the impending cash-flow problems might have driven him to cut a deal.

The Patriots quarterback and fellow pigskin slingers Peyton Manning and Drew Brees are suing the league for instituting a lockout.

With (relatively) lean times ahead, Manning and Brees might also be saying goodbye to some of their real estate holdings.

NFL lockout may force players to sell some pricey real estate
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  • Tom Brady (New England Patriots)

    A shot of the interior of Brady's pad which overlooks New York's Central Park.

  • Peyton Manning (Indianapolis Colts)

    Indianapolis Colt Peyton Manning currently resides in this seemingly modest, but not so modestly priced, house in the Indy neighborhood of Meridian Hills. It's estimated to be worth some .5M, thanks to proximity to the Meridian Hill Country Club, where Manning has been known to blow off some steam on the golf course.

  • Drew Brees (New Orleans Saints)

    Also down in the Big Easy, current Saints QB Drew Brees is the proud owner of this four-bedroom house with plenty of classic details. Brees purchased the quaint manse in 2006 for 105094.575M, just two months after signing a six-year, M deal with the Saints

  • Chad Ochocinco (Cincinnati Bengals)

    Ochocinco bought this 6,800-square-foot home back in 2005, when he was still known as Chad Johnson, for 105094.37M The Florida property market has tanked in the interim, so here's to hoping TV roles keep rolling his way.
  • A shot of the interior of Brady's pad which overlooks New York's Central Park.
  • Indianapolis Colt Peyton Manning currently resides in this seemingly modest, but not so modestly priced, house in the Indy neighborhood of Meridian Hills. It's estimated to be worth some .5M, thanks to proximity to the Meridian Hill Country Club, where Manning has been known to blow off some steam on the golf course.
  • Also down in the Big Easy, current Saints QB Drew Brees is the proud owner of this four-bedroom house with plenty of classic details. Brees purchased the quaint manse in 2006 for 105094.575M, just two months after signing a six-year, M deal with the Saints
  • Ochocinco bought this 6,800-square-foot home back in 2005, when he was still known as Chad Johnson, for 105094.37M The Florida property market has tanked in the interim, so here's to hoping TV roles keep rolling his way.

Continue reading at BusinessInsider >

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