Gophers’ Coach Rich Pitino Drops Salary on Edina Home (EXCLUSIVE)

September 10, 2013 - 9:42 pm -

Richard Pitino's Twin Cities Home


Hello kiddies and welcome once again to TCS’ plat corner, where we discuss the latest buys / sells in Twin Cities celebrity real estate. Our excitement when discovering where famous folk frolic around Minnesota can only be matched by finding out where they call home. Well, that and a Jack’s naturally rising frozen pizza, some Surly Furious and a Living Spaces couch simultaneously, but we digress.


Since his hiring this past April, we have been waiting for the new University of Minnesota Golden Gophers basketball coach Rich Pitino to finally settle down in the Twin Cities. As it turns out, in early August he crossed some t’s and dotted some i’s and did just that, buying a lovely – though somewhat grandiose – home in the West Metro’s cake-eater territory more commonly known as Edina.


In the six months he has been here, a lot has been made about Mister Pitino’s resume / bio, how he climbed the ranks so quickly, whether or not his last name is all he has to offer, if he was the correct hire, et cetera. We don’t really care. Dude is young, personable, energetic and has a lot of upside. We like all that.


This of course is the exact opposite of his predecessor Tubby Smith, who as we have said before always seemed to be standoff-ish and out of touch. (Punctuated when he sold his Minneapolis townhouse that came equipped with an elevator …)


The younger Pitino isn’t getting paid what his father, legendary coach Rick Pitino does, or even what Tubby got while at Minnesota – and rightfully so – but he is still stacking paper. After making something along the lines of $200k at Florida International last year, Rich is scheduled to take in $1.2 M his first year with the Gophers and – like a rapper / baller – he is spending it. The house Rich just purchased in the ‘burbs lives up to his namesake, costing a cool $999,000 … And for those of you that can’t do basic math, that is more or less his upcoming annual salary. Well much more when you take out the $700k that is “supplemental compensation”. Hmmm.


Now let’s discuss the property. Built in 2001 it’s big – of course – coming in at 4,920 square feet and is equipped with 5 bedrooms, 4.5 bathrooms. The house offers great “architectural details” and oversized rooms with both hardwood and tiled flooring.


The main level – “open and airy with streams of natural light” – includes a spacious kitchen, a great room with enameled built-ins as well as two dining room options; the informal one of which offers a two-sided fireplace to the sun room. Also on this floor is a laundry / mud room, walk in pantry and 1/2 powder bath.


The upper level has 4 bedrooms each with it’s own in-suite baths. The lower walkout level is all finished with an amusement room – equipped with built in media area – a gas fireplace, game room, wet bar, the fifth bedroom and a 3/4 bath.


Features include a porch, a patio, a deck, a hot tub, a sprinkler system and a three-car garage.


Oh you fancy huh?


We think it is safe to say with this lofty purchase Rich seems to be planting himself firmly in maroon and gold for the foreseeable future. That and he wants to settle down with his family – wife Jill and daughter Ava – around these parts. And with that green of grass can you blame him?


Buyer: Richard & Jill Pitino
Location: Edina, MN
Price: $999,000
Size: 4,920 sq ft, 5 bedrooms, 4.5 bathrooms

What do you think about Coach Rich’s new Edina digs? Too expensive? Perfect for a family? Place your thoughts in the form of words in the comments below!

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Category - ExclusiveReal EstateSports Culture