Alex Smith Willing To Take Big Loss on California Mansion

Alex Smith

Andrew Weber-USA TODAY Sports

Alex Smith‘s time in San Francisco didn’t end well on the football field. After suffering a mid-season concussion in 2012, Smith was replaced by Colin Kaepernick. The speedy QB would go on to lead the 49ers to the Super Bowl and Smith’s services were no longer needed. He was traded to the Kansas City Chiefs following the season, but it looks like he’s just now moving on from his time in San Francisco.

TMZ is reporting that Smith has still not sold his home in California, but now he’s willing to do so at a big loss. Reportedly, Smith’s 5,600 square foot mansion is listed at $2.95 million. However, he was originally asking $3.25 million. That means that the QB is willing to take a $300K loss, just to be done with his time in Los Gatos.

I suppose if my time with the 49ers ended like Smith’s did, I’d be in a hurry to end that chapter of my life too. It’s not like he didn’t give the home time to sell at full price, because it’s basically been on the market for a year. But I guess Smith just feels it’s time to call it and officially move on from his time with the 49ers.

It should be noted that Smith grew up in California, so this real estate move is likely just the result of how things ended in San Francisco. But now that all the dust has settled, it’s clear that the Chiefs and Niners both came out ahead.

 

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  • Michael

    In what world is $300K a huge loss for those professional athletes?