You need money to make money, and Jon Gruden has plenty of it.
Jon Gruden signed a 10-year, $100 million contract with the Raiders four years ago. He may or may not see the remaining $60 million, but on Tuesday it was reported that he had successfully sold his Vegas home.
According to Las Vegas Locally, Gruden sold his Vegas home and in the process nearly doubled his money from what he paid last year.
“Former Raiders manager Jon Gruden has just sold his home in the Southern Highlands for $7.5 million, after paying $4.3 million last year.”
Former Raiders manager Jon Gruden has just sold his home in the Southern Highlands for $7.5 million, after paying $4.3 million last year.
— Las Vegas locally 🌴 (@LasVegasLocally) March 1, 2022
Gruden paid $4.3 million for his home and just pulled out $7.5 million, clearing some $3.2 million in the deal before taxes and fees kicked in.
Gruden has his primary residence in Tampa to return to, so he can just pocket the money he made from his Vegas pad.
Nice real estate transaction.
The rich get richer….
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