- Jan 19, 2002
- 24,228
- 6,639
50 mil is way too much
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He's right though. Dude could put that in real estate and go crazy in certain areas. He can build homes and sell them for the low and make a nice profit. Good for him and his fam though.Originally Posted by Mister Negative
Originally Posted by EEntegRa
$50 mill.
not smart bron.
shoulve gone to college bron.
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Hows that working out for you?
He's right though. Dude could put that in real estate and go crazy in certain areas. He can build homes and sell them for the low and make a nice profit. Good for him and his fam though.Originally Posted by Mister Negative
Originally Posted by EEntegRa
$50 mill.
not smart bron.
shoulve gone to college bron.
![]()
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Hows that working out for you?
The rumor that Miami Heat star LeBron James is buying a $49.5 million mansion in Coral Gables is false, according to luxury auto tycoon Alan Potamkin, who owns the home.
Real estate agents began hearing that James had put in an offer for the 11-bedroom mansion days before James announced he would be leaving Cleveland to join the Heat, and Life & Style magazine recently reported that James had begun the process of buying it.
``There's been no contact between me and him,'' Potamkin told The Miami Herald. ``I went through a divorce and put the home on the market about a year and a half ago, and delisted it about four months ago.''
Potamkin said he has no intention of selling the waterfront property in Gables Estates, which has 20,088 feet of living space, and was one of the highest priced homes in Miami-Dade County while it was listed.
Read more: http://www.miamiherald.co...-home.html#ixzz0uBf9q6gn
The rumor that Miami Heat star LeBron James is buying a $49.5 million mansion in Coral Gables is false, according to luxury auto tycoon Alan Potamkin, who owns the home.
Real estate agents began hearing that James had put in an offer for the 11-bedroom mansion days before James announced he would be leaving Cleveland to join the Heat, and Life & Style magazine recently reported that James had begun the process of buying it.
``There's been no contact between me and him,'' Potamkin told The Miami Herald. ``I went through a divorce and put the home on the market about a year and a half ago, and delisted it about four months ago.''
Potamkin said he has no intention of selling the waterfront property in Gables Estates, which has 20,088 feet of living space, and was one of the highest priced homes in Miami-Dade County while it was listed.
Read more: http://www.miamiherald.co...-home.html#ixzz0uBf9q6gn
Originally Posted by OptimusPrimeAPhiA
If you gave me the amount hes making now, I wouldn't (living in GA) spend more than 2-3 million on a house.
Originally Posted by OptimusPrimeAPhiA
If you gave me the amount hes making now, I wouldn't (living in GA) spend more than 2-3 million on a house.
so far having earned say 200M half goes to feds thats 100M (minus his lifestyle) spending 50M on a house isnt wise imo considering 60% of league goes broke 5 years after retirement. plus all that money stops in 10yrs (and $40M aint gonna be every year) and life span is 80 years so less splurging is all we saying.Originally Posted by Carlos Tevez
The hate in here is ridiculous![]()
First of all, there's no way he spent $50 million on the home. Secondly, the guy is 25-years-old and has already earned well over $200 million. SI estimates he earns over $40 mill/year thanks to salary and endorsements. You think spending $30+ million on a home is that much money relatively speaking to him? Thirdly, he has committed himself to Miami for atleast 6-years and he may end up spending the rest of his career/life living in Miami. He probably wants a place that he can settle down in long term. Finally, buying a home is usually a wise investment. The value of this home should appreciate in the years to come and LeBron could end up making a nice profit.
People here are saying they'd never spend more than $2-3 million on a home?The guy is 25, has earned around $200m, makes over $40 mill a season, will have easily earned well over $500m by the end of his new contract, what the ++%$ do you want him to do with his money? Wire it to a Swiss bank account and jerk off to the money he's generating in interest? He's not gonna take that money to his grave...![]()
so far having earned say 200M half goes to feds thats 100M (minus his lifestyle) spending 50M on a house isnt wise imo considering 60% of league goes broke 5 years after retirement. plus all that money stops in 10yrs (and $40M aint gonna be every year) and life span is 80 years so less splurging is all we saying.Originally Posted by Carlos Tevez
The hate in here is ridiculous![]()
First of all, there's no way he spent $50 million on the home. Secondly, the guy is 25-years-old and has already earned well over $200 million. SI estimates he earns over $40 mill/year thanks to salary and endorsements. You think spending $30+ million on a home is that much money relatively speaking to him? Thirdly, he has committed himself to Miami for atleast 6-years and he may end up spending the rest of his career/life living in Miami. He probably wants a place that he can settle down in long term. Finally, buying a home is usually a wise investment. The value of this home should appreciate in the years to come and LeBron could end up making a nice profit.
People here are saying they'd never spend more than $2-3 million on a home?The guy is 25, has earned around $200m, makes over $40 mill a season, will have easily earned well over $500m by the end of his new contract, what the ++%$ do you want him to do with his money? Wire it to a Swiss bank account and jerk off to the money he's generating in interest? He's not gonna take that money to his grave...![]()