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February 9, 2010
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Baseball. Blogging. Whenever.Monday, January 05, 2009Whose house? Bobby Abreu’s house!It's for sale, anyway. Nice digs. Paid $3.5 million for it in 2005 and now wants north of $7 million. If he remains unsigned when spring training comes it means that he's overvaluing the market for corner outfielder/DH types just as much as he's overvaluing the market for real estate.Posted by Craig Calcaterra at 1:10pm Comments
YankeesfanLen said...
I think the Yankees are pulling an Andy Petite on him without him knowing it. They should at least consider doing it. Posted 01/05 at 02:59 PM
APBA Guy said...
I did a few turns on Zillow looking at places listed for $ 7.9M everything I saw was much bigger than Abreu’s place and pretty flashy also, like Park Avenue, etc.. 4 bd 4 BA. Not knowing NYC real estate, it looks like he’s significantly overpriced. Hmm, is this a metaphor for his FA negotiating stance? Posted 01/05 at 07:53 PM
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For a guy that recognizes pitches as well as anyone in the league and has a high OBP he appears to have some challenges when reading the market. Does he seriously expect to double the value in three year with no serious improvements and in one of the worse real estate markets of the last century? Maybe starting at $4.5 million, hoping to get $4 mill and being content with breaking even would put his RESP (real estate sales percentage) in line with his OBP.