[mqr03]

http://www.chicitysports.com/2010/07...ables-florida/


Life & Style is reporting that LeBron James, who recently signed a six-year, $110 million deal with the Miami Heat, has started the paperwork to buy a $49.5 million mansion in the most expensive portion of Coral Gables, Fla. The home was once owned by Pat Riley, and was taken off the market shortly after “The Decision.”
The home is the most expensive in Coral Gables, according to Life & Style, and features:
• eight bedrooms and 11 bathrooms;
• 880 feet of waterfront;
• a master suite with a full gym;
• a private guest suite with its own tennis court and courtyard on an acre of land.
• a 150-foot dock
Taxes are about $1 million per year, with an additional $150,000 price tag for utilities. South Florida auto magnate Alan Potamkin owns the home, and he has listed the home for $49.5 million.
Life & Style reports it’s a “slam dunk” the home will soon belong to James.

http://img.photobucket.com/albums/v194/mqr03/M1311206_201_12.jpg
http://img.photobucket.com/albums/v194/mqr03/M1311206_901_21.jpg
http://img.photobucket.com/albums/v194/mqr03/M1311206_501_76.jpg
http://img.photobucket.com/albums/v194/mqr03/M1311206_301_131.jpg

http://img.photobucket.com/albums/v194/mqr03/1172133198-ballin.gif

[hal0g0dv2]

pretty sick

[zilla510]

DAMMMNNNNNN!!!

[nack]

pshh, Richard branson is the definition of "ballin"

http://www.youtube.com/watch?v=OBGifoCDn1o

[Gumby]

Hmm... not my style...

[murd0c]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

[MR_BIGGS]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

He signed a $90 million shoe contract with Nike before he hit the NBA...:eek:

Don't know if this is official, but this is his endorsement money:

Nike 90,000,000
Sprite 12,000,000
NBA contract with the Cavs 129,000,000

and those aren't even all of them or close to all of them.

[Ch28]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

I always find it comical that celebs buy all these extremely huge houses that they don't need.

[MoBettah]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

Look i love hating, it's probably my favorite thing to do. You gotta have some backup to that hate though.

Lebron is estimate to be worth in excess of 300million at this point. So what if he bought a 50million dollar house.
Would you be hating if someone here in Vancouver who had a net worth of 1million bought a 200K house?

This could even be a savvy investment, who knows? Not like he blew it on crack and got married without signing a prenup (whatup tiger!).

All i know is, Lebron... you can go south, but your mom rides West.

[ntan]

Look i love hating, it's probably my favorite thing to do. You gotta have some backup to that hate though.

Lebron is estimate to be worth in excess of 300million at this point. So what if he bought a 50million dollar house.
Would you be hating if someone here in Vancouver who had a net worth of 1million bought a 200K house?

This could even be a savvy investment, who knows? Not like he blew it on crack and got married without signing a prenup (whatup tiger!).

All i know is, Lebron... you can go south, but your mom rides West.

Just to clarify, Tiger Woods did get a pre-nup which would pay her $10mil. However, the figure of $100mil - $750mil is to essentially shut her up so she can't write a book or talk to reporters / interviews regarding their marriage, which the pre-nup does not cover.

[rice cooker]

[x] has alot of money
[x] will win alot games next year
[ ] has repect from other players

[ShanghaiKid]

Hi, I'm Lebron James, and when i die i hope to have every single penny i've ever made kept somewhere safe and never spent so that I can not enjoy my lifetime success.

Haters gonna hate. You just jealous he has a nicer house. QQ.

[kookoobird88]

nice house, but ive seen nicer smaller mansions on cribs

[TRD Rs200]

sick!

[Culverin]

For such a baller office/study.
That is one ugly ass chandelier.

[asian_XL]

Life & Style is reporting that LeBron James, who recently signed a six-year, $110 million deal with the Miami Heat, has started the paperwork to buy a $49.5 million mansion in the most expensive portion of Coral Gables, Fla. The home was once owned by Pat Riley, and was taken off the market shortly after “The Decision.”
The home is the most expensive in Coral Gables, according to Life & Style, and features:
• eight bedrooms and 11 bathrooms;
• 880 feet of waterfront;
• a master suite with a full gym;
• a private guest suite with its own tennis court and courtyard on an acre of land.
• a 150-foot dock
Taxes are about $1 million per year, with an additional $150,000 price tag for utilities. South Florida auto magnate Alan Potamkin owns the home, and he has listed the home for $49.5 million.
Life & Style reports it’s a “slam dunk” the home will soon belong to James.

Hyde says: Tehehe, people can't even buy a 4000sq ft apartment in Hong Kong with 50mil

[Ferra]

mahogany panels, parquet floor, chandeliers, 60s looking tennis court....

Why the hell does a 20 something years old superstar want a house with an interior that looks like it was built for an 80 years old senior?

[Mugen EvOlutioN]

balllllllllinnnnnngggggggg

[Greenstoner]

dont like the style of the house, its more for people who is old and retired

[hotjoint]

damn

[iambuRnz]

He's the new superstar in miami. Of course he had to buy the most expensive property on the block.

[TRDood]

boring house. Vancouver has much better looking ones than that.

[jpark]

thats ballen out of control

[punkwax]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

pssssst: real estate is an investment... hardly what I'd call blowing cash.

[Qmx323]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

http://images.icanhascheezburger.com/completestore/2008/4/29/umad128539779112343750.jpg

[murd0c]

I just find it funny that's all but then again I'm not rich so I can't even think about spending 50mill on a house. Good for him just as long as he's smart in the long run. You hear so many storys about superstars being broke at the end of their career.


Its not like I care tho I'm just sayin
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[taylor192]

fucken idiot, blow all your cash now so you have nothing to retire with. Yes i know he has lots more then that with endorsements and such but come one fucken stupid ass move.

As Mr BIGGS pointed out, he makes far more than $50M in sponsorships.

[Szeto]

With a house that big you can fit all of Lebron's family and relatives in there :D

pretty pimp house.
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[MR_BIGGS]

A story on ChicagoBusiness.com estimated that James' economic impact in his new market could generate as much as $2.7 billion should he lead a team to multiple championships. That figure, which some might find laughable, is based on spikes in a combination of ticket sales, lucrative television rights, merchandise sold and tourism.

Read more: http://www.miamiherald.com/2010/07/18/v-fullstory/1735682/lebron-james-the-making-of-an.html#ixzz0u9cPQT00

Other things he endorses:

* Bubblicious
* Cannondale Bicycle Company
* Coca-Cola (Coke, Sprite & Vitaminwater)
* Cub Cadet
* MSN
* Nike
* State Farm Insurance
* Upper Deck

[MoBettah]

Just to clarify, Tiger Woods did get a pre-nup which would pay her $10mil. However, the figure of $100mil - $750mil is to essentially shut her up so she can't write a book or talk to reporters / interviews regarding their marriage, which the pre-nup does not cover. Damn... that's some crafty shit haha

[penner2k]

Not my style at all...
I'd rather have something like this

http://www.contemporist.com/2010/06/28/house-in-bryanston-by-nico-van-der-meulen-architects/

[Manic!]

Not my style at all...
I'd rather have something like this

http://www.contemporist.com/2010/06/28/house-in-bryanston-by-nico-van-der-meulen-architects/

But it's not like he Really had a choice or time to build a custom house.

[Greenstoner]

who makes more money ?

Michael Jordan / Kobe Byrant / Lebron James

[Wongtouski]

who makes more money ?

Michael Jordan / Kobe Byrant / Lebron James

MJ obviously, he's still making bank with JB.......

ok I know a lot of people here seem to think this purchase is fine. And really it is. Random: Antoine Walker make over 100 mil and he is broke. Food for thought.

[pintoBC_3sgte]

Haha you guys do know he'll probably just hire a decorator to redo the interior..
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[dark0821]

i will rather rock this....but ya..aint ballin haha

source: http://www.autoblog.com/2009/07/27/maserati-i-architectural-digest-i-celebrate-best-real-and-co/

http://www.sfu.ca/~cjs9/Pictures/Spotted/maseratigarages001.jpg

http://www.sfu.ca/~cjs9/Pictures/Spotted/maseratigarages002.jpg

http://www.sfu.ca/~cjs9/Pictures/Spotted/maseratigarages004.jpg

http://www.sfu.ca/~cjs9/Pictures/Spotted/maseratigarages005.jpg

http://www.sfu.ca/~cjs9/Pictures/Spotted/maseratigarages006.jpg

[Manic!]

MJ obviously, he's still making bank with JB.......

ok I know a lot of people here seem to think this purchase is fine. And really it is. Random: Antoine Walker make over 100 mil and he is broke. Food for thought.

It's not like he spent 50 mill on hookers and drugs, he spent 50 mill on a house something that will keep or increase in value.

[alex.w *//]

balling.

[Sid Vicious]

NBA players are pretty shitty with their money
"A statistic was cited during the meeting that startled some of the hoopsters. It was said that 60 per cent of retired NBA players go broke five years after their NBA paycheques stop arriving."

http://www.thestar.com/Sports/article/299119

[orange7]

he can always sell the house when he's low on cash in the future.

if he spent 50 millions purely on cars and he's not the owner of a major company, then he is retarted. But it's a house, and houses keep their values pretty well.

[Hondaracer]

pshh, Richard branson is the definition of "ballin"

http://www.youtube.com/watch?v=OBGifoCDn1o

yeap, most balling episode of cribs ever

the first time i say it by the time Mariah Carey was there i was like you've got to be kidding me..

[nack]

yeap, most balling episode of cribs ever

the first time i say it by the time Mariah Carey was there i was like you've got to be kidding me..

i was in disbelief when he said "island"

[mqr03]

It's not like he spent 50 mill on hookers and drugs, he spent 50 mill on a house something that will keep or increase in value.

Yup just ask Antoine Walker

[johny]

a 50mill house in US isn't going to keep it's value. but will still be worth a bit down the road.

[vafanculo]

I doubt he threw down all $50M in cash. If he got a 25 year mortgage let's say, that's maybe 3M a year.. No biggie if he's making that much money.

Lol, but even if he threw all 50 down he'd be ok
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[dinamix]

pssssst: real estate is an investment... hardly what I'd call blowing cash.

yup..that thing will probably be worth $60-70 in 6 years. theres probably a few people out there who would pay the xtra dough to live where the "king" use to live.

[hotjoint]

:lol at toine walker

[7seven]

:lol at toine walker

haha he's not the only one. Next up on the bankruptcy will be Iverson soon


In 2005, NBA star turned analyst Charles Barkley admitted "After four years in the league, I was dead broke." Barkley also revealed he gave money away to whomever needed it feeling "the burden of forgetting where I came from".

Here's a list of casualties:

Latrell Sprewell, estimated career earnings: $50 million (Filed bankruptcy, 2007) Kenny Anderson, estimated career earnings: $60 million (Filed bankruptcy, 2005) Derrick Coleman, estimated career earnings: $87 million (Filed bankruptcy, 2010) Antione Walker, estimated career earnings: $110 million (Filed bankruptcy, 2010) Scottie Pippen, estimated career earnings: $120 million (Filed bankruptcy, 2003)

Gulp! Just typing those figures made my heart drop! This epidemic spreads across all professional sports and touches athletes of both genres and all races. However black athletes from poor upbringings are affected the hardest.

In fact African American players make up 79 percent of the NBA. And according to the Toronto Star 60 percent of NBA players are broke five years after they retire. I'll let you do the math.


http://bleacherreport.com/articles/413336-from-loose-balls-to-loose-change-bankruptcy-and-the-nba

[josel_atr]

failed. its not true:

http://www.miamiherald.com/2010/07/20/1738118/rumor-that-lebron-james-is-buying.html

[hotjoint]

haha he's not the only one. Next up on the bankruptcy will be Iverson soon



http://bleacherreport.com/articles/413336-from-loose-balls-to-loose-change-bankruptcy-and-the-nba

I'm not surprised