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BackMatthew Stafford Sells Drake's Former Homes for $21 Million
Matthew Stafford Sells Drake's Former Homes for $21 Million
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Times of India12.06.2026Real_estate2 dk okumaIndia

Matthew Stafford Sells Drake's Former Homes for $21 Million

نظرة سريعة

  • Matthew Stafford has sold three properties in Hidden Hills, California, for a combined $21 million.
  • Two of these were formerly owned by Drake and were purchased by Stafford in 2022 for $11 million.
  • After two years on the market and multiple price adjustments, they sold for $11.6 million, yielding a profit of $600,000.

ملخص مُنشأ بالذكاء الاصطناعي

لماذا يهم

Matthew Stafford, after winning the Super Bowl and signing a lucrative contract extension with the Los Angeles Rams, purchased three properties in Hidden Hills, including two from rapper Drake. He has now sold these properties.

حجم الخط

Matthew Stafford came to Los Angeles and did what every newly rich, Super Bowl-winning quarterback probably should: he bought houses, and not just any, but Drake's houses. Now, four years later, he's selling them. And math isn't exactly a flex.

Matthew Stafford sells Drake's Hidden Hills homes after two years on the market — the numbers aren't pretty

The Rams QB just offloaded three Hidden Hills properties in two days, closing on June 3 and 4 for a combined $21 million. Two of those were the famous Drake houses - a pair of 1950s ranch-style homes he snapped up in April 2022, fresh off the Super Bowl LVI win, for $11 million total. After two years of trying to sell them, two relist attempts, and multiple price adjustments, he finally found buyers. His profit on the Drake duo: $600,000. On a $11 million investment. Over four years. In Los Angeles, real estate. The third property, an eight-bedroom, 10-bathroom mansion on 1.5 acres that he bought for $10.5 million, actually sold at a loss, going for $9.7 million. So, between the three sales, Stafford essentially broke even on $21.5 million in real estate while the rest of Hidden Hills appreciated around him.

When the Drake deal made sense

Back in 2022, this all made perfect sense on paper. Stafford had just thrown the game-winning touchdown to Cooper Kupp in the Super Bowl, signed a four-year $160 million extension weeks later, and was the hottest quarterback in football. Buying Drake's Hidden Hills compound, which the rapper had listed as part of his famous "YOLO Estate," felt very much in the spirit of the moment. Stafford reportedly paid $3.6 million over the asking price for the pair. The plan, reportedly, was to use them to house Rams teammates and coaches relocating to LA. That was the peak. It's been downhill for the Drake houses ever since. He first listed them in 2024, asking over $12 million for the pair. No takers. He relisted in May 2025 with the combined ask bumped to $13.5 million. Still sitting. Eventually, the prices came down, buyers appeared, and Stafford walked away with just enough profit to feel okay about it. Stafford isn't leaving LA. He still owns his primary residence, a $28 million newly built farmhouse in Hidden Hills, plus an adjacent winery estate next door. What he's doing is consolidating. Shedding the excess properties he accumulated during the high of his Rams era, trimming down to his actual home right before what looks like his final NFL season. He just signed a one-year $55 million deal, the kind of contract you sign when you're not planning for five more years in the league. The Drake houses were a 2022 purchase. The LA dream, the Super Bowl money, the YOLO Estate energy. He's a 38-year-old MVP on a one-year deal now. The ranch houses had to go.

أسئلة مفتوحة

  • Why did the properties take so long to sell?
  • What are Stafford's future real estate plans?

مواضيع ذات صلة

This article was originally published by Times of India.

أخبار ذات صلة

المزيد حول هذا الموضوعMatthew Stafford