Petrino Takes $550K Hit on Mansion Sale
Bobby Petrino’s exit from Arkansas is about complete. His mansion has sold for $1.7 million, which is $550,000 less than he paid for it, according to ArkansasSports360.com on Tuesday.
The web site cited “a warranty deed filed Monday in the Washington County Circuit Clerk’s office. The report said Petrino and his wife bought the mansion in March of 2008 for $2.25 million.
The buyers likely knew that Petrino was anxious to get rid of his property as he made a hasty exit thanks to a scandal that rocked Fayetteville, where the coach was fired after an inappropriate relationship with a woman in the athletic department was revealed.
Plus, once his golf gear was dropped off at Goodwill, you knew the house was coming next.