Everybody's feeling the recession these days, even poor Alex Rodriguez. Everyone's most hated Yankees third baseman has had to drop the price of his home in Coral Gables, Florida from the original asking price of $14.9 million down to the bargain basement price of $12.3 million.
The good news is A-Rod is going to make a small profit on the property even at this new price point as he originally paid $12 million for the property back in 2004. That's nice to hear since we all know what a nice guy he is.
If you want to take a peek at the type of house that A-Rod owns, head over to coldwellbanker.com for all the photos and details on the property. My question is where's the batting cage? Oh, that's right, they don't make one to help with hitting in clutch situations.