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Sidney Crosby selling his house was almost a salary cap issue

Nov 24, 2011, 12:17 PM EDT

Sidney Crosby Getty Images

You’d think that by being Sidney Crosby and trying to sell a house you’d be able to keep your hockey life out of that whole equation. Not so fast, friends.

According to Shelly Anderson of the Pittsburgh Post-Gazette, Crosby’s efforts to sell his house to Penguins president and CEO David Morehouse had to be cleared by the NHL to make sure that their sale agreement didn’t constitute a violation of the salary cap. The issue there being that Crosby was selling an obviously high priced piece of property to a team executive and if the price of the home was over inflated or too much of a bargain, it could’ve been seen as a way of dancing around the salary cap.

Think about it, Sid sells the house for a big price, the team president has to give him more money or vice versa. Sounds goofy, but it makes sense. Imagine that salary cap penalty though, it’d be like playing a game of Monopoly in real life.

Instead, Crosby sold the home to Morehouse for a measly $2.4 million, just $100,000 more than he paid for it when he bought it. Good thing we didn’t have to get the kids from CapGeek.com involved in the real estate business on this one.

  1. haterzgonahate - Nov 24, 2011 at 3:31 PM

    MOAR CROSBY STORIES!

    ZZZZZZZzzzzzzz

    • tk1966 - Nov 24, 2011 at 4:05 PM

      I’m guessing the name you choose is self-descriptive

    • stakex - Nov 24, 2011 at 9:03 PM

      Its fine to have a bunch of Crosby stories that are actually stories. This one the other hand, is just a filler article that has no value other then to put Crosby’s name on the front page and get people to click it. Doesn’t really matter that its about Crosby…. its a waste of an article.

      • danphipps01 - Nov 24, 2011 at 10:43 PM

        Actually, this is pretty unique. It’s obviously hockey-relavent, albeit not to the game directly, admittedly… and how many times have you heard of this happening? Unlike the dozen articles first asking how Crosby would perform against the Islanders six times, then praising how he performed against the Islanders six MORE times, this isn’t just droning repetition. It’s a strange event that just so happens to be related to Crosby. If it was about another player, no-one would be bitching, but I haven’t heard of other players selling their houses to their owners as a cap-dodge recently. Or ever.

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