DENVER (KDVR) — The last traces of Russell Wilson are leaving the Mile High City, as the former Denver Broncos quarterback reportedly sold his home in Cherry Hills for a few million dollars less than what it was purchased for.
Football fans have mixed feelings about Russell Wilson’s move to the Steelers
Almost two years ago, Wilson and his wife Ciara purchased a $25 million mansion at 10 Cherry Hills Park Drive when the quarterback joined the Broncos.
Two unsuccessful seasons later, Wilson was released from the team in early March. Soon after, he announced that he signed with the Pittsburgh Steelers for next season.
In return, the Broncos spread Wilson’s $85 million dead cap as a $53 million record hit in 2024 and $32 million in 2025 – but the Broncos weren’t the only ones who lost money on Wilson’s departure.
Broncos decide to take record $53M hit on Russell Wilson
Denver Business Journal reported that Wilson’s home sold for less than the record-setting purchase price, and in turn, he lost $3.5 million.
Wilson was accepting offers on his home in February, and the house was sold by March.
According to the business journal’s reporting on property records recorded on March 20, the Wilsons’ Cherry Hills Village home sold for $21.5 million.
Russell Wilson Cherry Hills home (SkyFOX)
When the Wilsons purchased the home, it came with four bedrooms, 12 bathrooms, nine garage spaces, a hot tub and a pool.
Now, he’s heading to Pittsburgh to test his hand with the Steelers.
While the Wilsons lost a few million on the move, he didn’t lose nearly as much as the Broncos after releasing the quarterback.