Russell Wilson and his wife Ciara incur a loss of $3.5 million as they sell their Denver mansion for $21.5 million following the quarterback’s challenging $242 million tenure with the Broncos, which ultimately concluded with a deal in Pittsburgh.

Russell Wilson and wife Ciara have sold their Denver mansion for $21.5million, marking a $3.5m loss for the couple as they pack up and head to Pittsburgh.

Wilson put his stunning 11,000-sq-ft mansion in Cherry Hills Village – a wealthy suburb in the area – up for sale at the start of the month after he was released by the Broncos, bringing an end to his miserable two-year stint with the franchise.

Since being cut, the former Seattle Seahawks quarterback has already been snapped up by the Steelers, who signed him to a one-year contract less than a week later.

Denver only handed Wilson a five-year, $245m contract extension 19 months ago – before he’d even played a single down for the team – and will now pay a record $86m in dead-cap charges, marking one of the worst trades in NFL history.

However, it’s not only the Broncos paying the price for his failed move to Empower Field.

Russell Wilson and wife Ciara have sold their luxury Denver mansion for $21.5million

It marks a $3.5m loss for the couple after they forked out $25m for it back in 2022

Wilson was cut by the Broncos earlier this month less than two years into his $245m deal

According to The Denver Post, Wilson and wife Ciara, a Grammy-winning singer, have sold their mansion in the Colorado capital for $21.5m, which is $3.5m less than what they paid for it two years ago.

The pair forked out $25m for the luxury home in Cherry Hills when Wilson was traded to the Broncos by the Seahawks in 2022, which remains the most ever paid for a residential property in Denver.

On site, there are four bedrooms, seven full bathrooms and five half bathrooms, with one guest apartment located above a detached nine-car garage.

A wood-paneled dining room, screen room, indoor pool, basketball court, offices and an outdoor fireplace are also within the home and property.

Public records indicate that the Wilsons officially signed over the mansion to Cherry Park LLC on Wednesday as they officially cut ties with Denver for good.

It is not the only expensive property the couple own, as they also boast similarly elegant pads in Bellevue, Washington State, and Rancho Santa Fe in San Diego, California.

They also own homes in Los Angeles and Mexico, which are two frequent travel destinations the family go to for business and leisure. Though not much is out there in terms of information on both properties.

Russell and Ciara now have the chance to wipe the slate clean and start fresh following his move to the Steelers, who are building an impressive roster under head coach Mike Tomlin.

The home spawns across 11,000-square-feet and boasts four bedrooms and a lavish fireplace

The mansion also has a mix of a marble and wood-paneled kitchen to cook and hosts guests in

An indoor swimming pool, gym, screen room and indoor basketball court also feature on-site

A spiraling staircase takes center stage at the home’s entry. The property’s for sale for $25M

A wood-paneled dining room is also part of the Cherry Hills Village property, a Denver suburb

Wilson is gearing up for a new chapter after signing a one-year deal with Pittsburgh Steelers

Wilson already has competition at quarterback, too, after the Chicago Bears traded their former first-round draft pick to Pittsburgh.

It promises to be a make-or-break campaign for the 35-year-old, who is looking to rediscover the form that helped him propel the Seattle Seahawks to Super Bowl glory in 2013.

However, reports suggest the Steelers are already prepared to discard Wilson if Fields usurps him as starting quarterback next season.

Considering the two starting-caliber quarterbacks on their roster, many are wondering what the dynamic is going to look like between Wilson and Fields.

Reports initially indicated that Pittsburgh will not entertain competition between them, with Wilson the designated starter, but ESPN’s Adam Schefter thinks otherwise.

According to Schefter, the Steelers are prepared to allow for some competition to take place – and if Wilson loses out, he could be shipped out.