Monday, June 09, 2025, 12:15AM |  72°
MENU
Advertisement

Sid buys and sells a home

Sid buys and sells a home

This was not your normal NHL transaction.

Penguins center and captain Sidney Crosby bought a house in Sewickley Heights nearly two years ago and began renovating it while continuing to live with team owner and Hall of Famer Mario Lemieux and his family.

Before he moved, Crosby decided he would rather live closer to the village of Sewickley, with its neighborhood feel and amenities. So, when a house that fit those needs went up for sale, he bought it, had it torn down and is building a new home.

Advertisement

What to do with the first house? No problem.

Penguins president and CEO David Morehouse, who had admired the residence while helping Crosby with the earlier house hunt, bought it. That made it easier for Crosby, who did not have to go through a drawn-out sales process that might have attracted a lot of attention. But it created an unusual situation.

Under the NHL's collective bargaining agreement, there might have been questions about such a financial transaction between a player and a top team executive. Any inflated or undercut price could have been interpreted as a violation of the salary cap.

The Penguins passed along the details beforehand to the league and commissioner Gary Bettman to ensure there would be no misunderstanding. Morehouse paid $2.4 million for the property, a relatively modest $100,000 more than Crosby paid.

Advertisement

Crosby, 24, is splitting time between Lemieux's home and an apartment while his new house is under construction. He has lived full time or part time with the club owner's family since he was an 18-year-old rookie.

First Published: November 24, 2011, 5:00 a.m.

RELATED
Comments Disabled For This Story
Partners
Advertisement
Pirates pitcher Braxton Ashcraft, right, celebrates with catcher Henry Davis, left, after getting the final out.
1
sports
3 takeaways: Pirates sweep Phillies in trio of one-run games
The Pirates' Joey Bart (#14) wears pink catchers gear for Mothers Day during the game against the Atlanta Braves at PNC Park on Sunday, May 11, 2025, on the North Shore.
2
sports
Ben Cherington provides updates on Pirates' injury-riddled catcher group
Pirates pitcher Paul Skenes delivers during the third inning Sunday against the Phillies at PNC Park.
3
sports
Instant analysis: Stellar pitching from Paul Skenes, Braxton Ashcraft lifts Pirates to sweep over Phillies
Shane Lowry, of the Republic of Ireland, wipes his face after finishing the final round of the U.S. Open golf championship at Oakmont Country Club on Sunday, June 19, 2016, in Oakmont, Pa. Dustin Johnson won.
4
sports
Gerry Dulac's U.S. Open preview: Oakmont to cause havoc for world's best golfers
Indiana's Greg Minnick is one of nine WPIAL players selected to the first Pennsylvania Baseball Coaches Association All-Star Game.
5
sports
Nine WPIAL players selected for 1st Coaches Association All-Star Game
Advertisement
LATEST sports
Advertisement
TOP
Email a Story