Manny being clueless again? You decide

Hey, he obviously can step in doodoo and it turns to gold. Maybe Frank McCourt will bid $9 Million for it.

Manny in NEVER smart.

He wanted a 100 million dollar 4 year contract and settled for 45 million over 2 years (and was lucky to get that). His broker reports "serious interest" in the condo but he still has placed it on the market. He did not leave alot friends when he exited for LA and the celebrity cache of his home has fallen. He clearly lives in the stars, but he will come back to earth when his condo sells for less than half the asking price (just like his salary).

Is his girlfriend still living there? Or did he move her out to LA too?

The person buying an $8 million dollar is probably not in danger of losing their new home, so why bother saying Manny is greedy for trying to see what people will pay for his house? That just seems stupid.

I think Pedroia will buy it for 7 mil, with a 5 year mortgage. At nearly 5000 sq feet it will seem HUGE to the little guy!

Manny's looking greedy? People are losing retirement funds, their jobs, and taking pay cuts, while BALL PLAYERS are laughing up down in Florida, with well stocked bank accounts!!

He's crazy to sell but he'd be crazy to keep it. Because it's a condo, he's not just paying utilities and tax on the vacant property. He gets to pay considerable condo fees for holding the property.

Of course, he also moved to LA before the market really bottomed out (if it has yet), so he's probably taken a bath on real estate on both coasts.

All of which is immensely satisfying considering he abandonned the Red Sox for a total of $5 million dollars which he has probably lost in real estate.

I believe Jacoby was interested in it last Fall, not sure if he's bought something else in the mean time...

He could not sell in 2005 with the big press conference coverage and all that bull it sat on the market for a year, nor could he sell it in 2003 when the market was even greater he seems to think the more he asks for it the more offers he will get. I have been inside his so called luxurios penthouse and I can tell you it's not all that he may have spent some money on the furnishings but unless those are going with the asking price of 8.5 Million he may as well make a deal with one of our local sports teams to rent the unit or start auctioning it off.

If I won mega millions the other day.. I would offer Manny $3 million dollars. It would be prorated to 2016 and include all kinds of contingencies.. maybe a back out clause after 1 year.. incase I don’t the place.

he should call madoff

It's just Manny being Manny.

FYI, Manny had a full price offer the last time he put his Penthouse on the market but decided not to sell. Smart move by Manny, considering the market for Super Luxury Boston Condos is up 20-25% since then.

He's gone. Can we PLEASE stop creating buzz about him.
Let him go away.

Does it really matter??? He has more than enough money and could basically let the condo sit on the market forever. It isn't like he is going to miss a payment and end up in forclosure!!! Somebody will buy it near the asking price (maybe a bit lower), but he will still make money off of it.

I don't get the point of this story / blog.

Who cares how much manny is asking for his place? really, who cares? It doesn't affect you, me or anyone else reading this stupid blog.

It only affects Manny and a potential buyer.

Make him pay. Hope nobody buys it. The Massachusetts community can seek its revenge by having him eat it at half the price or less.

FYI, Manny had a full price offer when his condo was listed in 2005, but changed hi mind and deceided not to sell. Smart move considering the super high end luxury market in Boston move up 20-25% since then.

Please note that Manny probably LOST money in this deal. He was going to get 20 million a year from the Sox and he is now getting 43.6 million for two years IF he takes the second year, partly deferred (of less value - PV) AND HE HAS TO PAY BORAS HIS PERCENTAGE! so unless Boras decided to offer Manny a freebee, Manny lost. Yeah Manny, the problem you had was because of the economy. Sure.

Also, does anyone else sense the irony in his embracing the LA celebrity lifestyle after complaining that he got too much attention in Boston? Good riddance Loser!

Greedy? I don't think so. It's America, where rational sellers get the highest price they can. Doh!

Now whether it's a reasonable asking price is another matter entirely. So maybe he is out of it. But just because he's trying to get what he can for his condo doesn't make him any different from anyone else trying to sell a car or a home or whatever.

$8.5 Millions, if that's what making him sleep better at night by all mean!

Actually the decor and the furnishings aren't as tacky and tasteless as I expected. Not that you'd see this apartment in Architectural Digest! Here's the thing however: If you have $8.5 mil to spend, why would you want to live in this area? Between Washington and Tremont Sts? Not classy at all what with the parade of riff-raff shuffling to-and-fro every day (and night too). Much better, and quite a bit more up-scale would be, say, the Residences at the Mandarin Oriental. Or something, say, on a quiet street on Beacon Hill or maybe Beacon Street across from the Public Garden?

That Manny sure is one funny guy. Hardy, har, har.

What? Manny not happy? With ownership that has been trying to dump him ever since they arrived? With a GM that quit on him in 2003 and tried to trade him for A-Rod? and again in 2005 even after he was MVP in the World Series and putting up monster numbers? That clearly didnt plan to take the option on him after 2008 even after he demoralized three good pitching staffs on the way to another World Series? With press that questioned his character from day on? Go figure...

Bostonians. Send Manny a message to Mr. Ramirez that means something to him. Boycott his Boston condo. He only cares about his wallet and his ego. Let's hit his wallet. No self-respecting Bostonian or wannabe Bostonian should buy Manny's condo. Drive the price down. Let it sit on the market for 8 years. Don't touch it. It has bad Karma. Let his condo be the a curse for Manny.

Would not surprise me one little bit if this place went for over asking. The gloom & doomers on here don't realize how much money is flowing around Boston. And I'm talking OLD money, the kind that wasn't tied up in risky investments as it was with many of the nuveau-riche types in Manhattan. Do you people realize how many centuries-old trust funds there are in Boston? Ancient, ancient money that's always looking for safe investments, and I can't think of anything safer than a downtown Boston condominium.

Oh and about all this trash talking of the Mandarin? Two of the listings went under agreement in the past couple of weeks. Take THAT you naysayers! LOL!

Springtime is about to hit the downtown city center market! I see two things rising: the crocuses and condo prices. Woo hoo!!

Manny was a favorite when he was here, so he gets let go and now it is time to rag on him!! This article is stupid and meaningless! Hate to say it, but the team is boring without him. I would go to see Manny a hundred times, rather than watch Matasuka pitch once!!!

I have taken several jobs that paid less than what someone else was offering...greed is bad

Manny is just doing his "Manny Math". He wanted $100Mil and got $45Mil to play baseball. It follows that asking $8.5Mil will get him $3.8Mil for the condo. In his mind, that is a "win" and he won't have to suffer any more by having Boston property!

the guy doesnt need the moneyl...hell probably let it sit at $8.5M until real estate comes back in 5 years.....thats why.

$8.5 Million is a rounding error. Considering that most people pay 5-10X their salary for a home, this guy is merely paying 30% of his salary. thats like a guy making $100k and buying a $30k house. Ill take 2.

the guy doesnt need the moneyl...hell probably let it sit at $8.5M until real estate comes back in 5 years.....thats why.

$8.5 Million is a rounding error. Considering that most people pay 5-10X their salary for a home, this guy is merely paying 30% of his salary. thats like a guy making $100k and buying a $30k house. Ill take 2.

Gawd, I keep hoping that what goes around comes around and that manny will get his due. We can easily predict this low life having a decent year in LA, until about late August, and then going into a pout, having 'hammie' problems, bad knees again and refusing to play, squaking about the contract for 'next year' and fulfilling his prophecy. LA fans will be devestated and surprised! Is there anyone who thinks this will not happen?

Sounds like his realestate agent is giving him some real good advice. NOT

Greedy? No. He deserves to get the most he can for his property.

I'd be really surprised if he doesn't get a whole lot less than that though. Downtown condos are due for a big fall. The hedge fund guys I know are renting, not buying.

Gotta tell ya, i'm not that impressed with it. I have seen much nicer homes for many millions less.

Hmm, Insteresting comment Michael I don't recall you being the listing broker unless you had the buyer from what I recall you had to be prequalified to even get a look at the place. The listing broker had the property for 15 months in that time they had one serious offer and they backed out not Manny................... Not even Ortiz wanted this Condo.........
(FYI, Manny had a full price offer when his condo was listed in 2005, but changed hi mind and deceided not to sell. Smart move considering the super high end luxury market in Boston move up 20-25% since then.)
Posted by Michael March 5, 09 05:54 PM

Manny is not getting $45 million. Boras gets $5 million. State of California gets $5 million income tax, Feds get a huge chunk plus Manny will get $10 million a year. The balance will be paid over 3-5 years depending on whether he plays for LA in 2010. No interest.will be paid. With Obama spending like a drunken Boslshevik sailor the dollar may collapse so that Manny gets nothing after the $10 million each year. McCourt is not a foolish billionaire unlike some people we all know.

This is not news. Who Cares!!!

Mass General should buy and make it a psych ward.

Good luck getting $8.5 mil in this housing market. I think that the average person in this price range doesn't care about the baseball bats and other crap that the real estate agents arranged so nicely. Simply put the condo might be worth $5.8 million in today's market and add in $10,000 worth of proshop crap, for a grand total asking of $5,810,000. But I am sure some Sap will buy into all the marketing scams and pay the asking price.

Manny lives in his own world that does not operate by the rules of reality. He has a way of always landing on his feet and will somehow come out of this RE deal with a tidy sum of money. Don't forget, this is the same guy who tried to sell his barbecue grill on eBay. How can we fault him for always wanting more? The guy got $160M from the Sox, $45M from the Dodgers, plus whatever he made during his years in Cleveland. He may be an idiot savant, but he's a rich one.

Does anyone remember how Manny would leave his pay check in his locker, or drop it to the ground? That about sums it all up.

I went looking at cars last weekend and saw a used Hyundi with leather seats and $89,000 written on the windshield. Obviously a mistake. My kids even questioned me about the price. I asked the finance manager if Manny was trying to sell it.

.......... and to think we would have to bailout the nut case who buys Manny's joint upon foreclosure. No way !!

Am I the only one completely underwhelmed by the condo? People who think living in the city is worth the outrageous markup on real estate crack me up. I'll take a nice house in the burbs surrounded by a private wooded lot over even a 8.5 million condo in Boston any day of the week.

People do realize that it's not Manny that comes up with this price. It's his real estate agent. Sure many had some say in it, but the agent thinks he can make a buzz and possibly a sale. On the other hand, if someone buys this for anywhere near that price, it can only help the economy. All the buzz might attract folks to the building who hadn't thought about buying there.

Come on people. When he was hitting the ball all over creation we loved him. Now writers and any other media people you are dumn enough to listen to try to get us to dislike him. Its like a girlfriend who stops loving you....move on. She stops being affectionate and Manny stands at the plate and takes 3 strikes from Mariano...same thing. Its over...NEXT !

Hahaha Michael C. That is the best take on this yet!

Shame on the greedy real estate agents who tell there clients the sky is the limit. At lease New York, San Fransisco and other cities prices are way down, and who knows, maybe the Boston real estate bubble will finally burst.

I for one think there is a chance that he gets his $$. People underestimate the importance of psychology in business transactions. I see if he can afford to keep it, why not leave it on? remember, all he needs is one person to make the transaction happen. He's guessing that somewhere out there, looking for a condo, is someone who is willing to pay that much $$.

We owe him gratitude for being an intregal part of bringing 2 world series title to Boston, obviously things went sour toward the end (it is a business at the end of the day) . People, let this Manny bashing and obsessive tabloid like behavior Go!!!

I lokked at it...bathrooms need updating

When I think of Ramirez, I am reminded of a line from McBeth, "Me thinketh I should vomit"!!!!! Nikko

He only raised it $1.6 mil so that he can finnally get the $6.9 and make it seem like a bargin

How is Manny being greedy? How can you sit here and criticize a man for trying to sell his house with a strategic asking price. Greedy are the Wall Street brokers getting a bail out from the rest of tax-paying America.