A-Rod Drops Asking Price on Coral Gables Mansion by $5 Million

Poor, ridiculously wealthy sports superstars. They just can't seem to break even on their real estate transactions here in Miami. Shaq recently unloaded his Star Island spread for $19 million less than his high asking pirce. Now, Alex Rodriguez is following suit by dropping the asking price on his Coral Gables abode...

By Kyle Munzenrieder

July 13, 2009

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Poor, ridiculously wealthy sports superstars. They just can't seem to break even on their real estate transactions here in Miami. Shaq recently unloaded his Star Island spread for $19 million less than his high asking pirce. Now, Alex Rodriguez is following suit by dropping the asking price on his Coral Gables abode by $5 million.

The house was originally on the market for a cool $14.9 million; the asking price has been reduced to $9.9 million. That's less than the $12 million A-Rod paid for the place in 2004.

[SFBJ: Yankees' Rodriguez drops price on Coral Gables mansion]

Kyle Munzenrieder

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