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Report: LeBron James' new house is basically a small planet

Jul 18, 2010, 1:41 PM EDT

A popular joke among NBA folks is that with all the angst LeBron James has created among people this summer, he’ll have to comfort himself on his gigantic bed of money. And according to Life and Style Magazine via AOL FanHouse, that bed of money will have quite a bit of room for a chair and ottoman of cash as well.

The magazine reports that James has begun finishing paperwork on buying his new home in Miami for the very reasonable price tag of … $49.5 million dollars. The house features a 12 camera security system, a guest suite with a tennis court, and a gym inside the master bedroom. Because really, if you want to get in some reps, you don’t want to go through the effort of walking anywhere.

The beachfront house used to be owned by Pat Riley, continuing the theme of Riley glad-handing James whatever he wants or needs to smooth the way for his transition to Miami.

It’s good to know that in these troubled times, some people are still getting by with the essentials. Like a beachfront house with a gym in the bedroom.

  1. Erika - Jul 19, 2010 at 7:12 PM

    Newsflash: LOTS OF WEALTHY PEOPLE HAVE BIG HOMES!! None of them are responsible for anyone else, either.

  2. D-Gilbert - Jul 19, 2010 at 7:24 PM

    I love Scotch!

  3. RockinRick - Jul 19, 2010 at 7:53 PM

    Lou, I get sick of all that type of crap from front running Laker fans. 1) Kobe petulantly demanded a trade from LA 4 years ago after about 4 years of playing .500 ball with bad teamates (after he whined and got Shaq traded out of town so that he could be the main guy & score oodles of points). He even made a video dissing his own teamate Andrew Bynum. 2) If not for the outrageous gift of Pau Gasol from the Grizzlies for nothing, the Lakers would probably still be a .500 team. 3) Had the Cavaliers been the team that received the outrageous gift of Gasol for nothing, does anyone doubt that they would have been the team winning the last couple of championships??? No, Kobe is no saint, he is just as self serving and arrogant as LeBron or anyone else. All of this is why today’s NBA sucks & is not worth watching

  4. Michael Wright - Jul 20, 2010 at 12:40 AM

    everybody who hate LeBron and actually took the time to write negative comments about his house that he bought with his own money is firstly probably white. secondly, he has done no wrong, unless you consider being a highly gifted athlete who is making the most of the American dream wrong. I guarantee all the haters are white trash who could care less about LeBron; they just want something to say about this black kid who’s living on top of the world. Good job LeBron!! Show massa we not a slave no mo!!

    • skids003 - Dec 1, 2011 at 3:37 PM

      He may be but you sure aren’t showing anyone you’re not an idiot.

  5. Phillip dickson - Jul 20, 2010 at 8:28 AM

    Lebron come on man you should have stayed clevland.

  6. Conundrum2010 - Jul 20, 2010 at 8:32 AM

    WOW! I cannot imagine what planet I would be on were I could allow myself to be so delusional as to think an ATHLETE owed me his loyalty!! WE ALL have a decision to support whoever and whichever team we choose. If this is all too much, dont support the NBA or any of its players, then you won’t feel cheated when things don’t go as you like!!!
    As for Mike who thinks he spent half his contract on his house…slow down and think with me for a minute…
    First, do any of us know if he paid the balance of the loan at closing?…If so, then maybe it is half his contract after taxes but did you not realize that when his career is over, he would have made HUNDREDS of millions in endorsement deals ALONE!!! Im sure he’s got enugh money right now to have completely paid the entire loan wihtout spending a dime of his new contract!!!!! Just think for a few seconds before you write…otherwise you may expose your ignorance.

  7. nyc disapp - Jul 20, 2010 at 11:01 AM

    so how would you have him announce it. does it really matter. the bottom line is HE WOULD HAVE HAD TO MAKE AN ANNOUNCEMENT. I mean you guys in cleveland need to build and bridge and get over it. seriously. nobody on the losing end would be happy, i am from NYC and would have loved to have him here also. he has to like you would if it were you. . . have to make a decision in HIS OWN BEST INTEREST. PERIOD! you guys need to grow up

  8. B-Baskeball - Jul 20, 2010 at 1:11 PM

    name what player won on there own? Jordan didnt do it till pippen came. the rockets teamed up all stars in the 90’s as well as the lakers in the 80’s and in the 2000’s. Also the pistons in 2004, and the celtics in 08. So wats the difference? Evrybody has done it before but know since these smart business men got together to win. I agree that he left because he couldnt win it by his self but did the front office bring solid players for him, i think not. So all those teams that i stated before (and i have missed many teams) front offices brought players around their stars to shine.

  9. DC - Jul 20, 2010 at 1:32 PM

    Trust me..Lebron may need help to win a championship, but I think he can do this house thing alone. Don’t kid yourself.

  10. v2the4 - Dec 2, 2011 at 11:02 AM

    the real estate has already tanked in Florida for the average american…guys who work 9-5 or graveyard jobs have been priced out of Florida…but not the rich….all you have to do is look at the major buying that rich athlethes and entertainers are doing down there in south florida….most of them have money on top of money, so they are not hurting.

    Tiger Woods, Micheal Jordan, Rush Limpbaugh, Ann Coulergeist, Lebron, D-Wade, Shaq, Chris Bosh, Puffy, J-Lo…all of them have multi million dollar properties down there

    at least the Williams sister still share a house together in Palm Beach Gardens, and I dont think its even worth a million dollars, but it is gated however.

  11. suhnum1fan - Dec 5, 2011 at 12:24 PM

    I wonder if millionaires ever thought about living a normal life. Got to be kind of tough with all the dough and be isolated in a corner all by yourself. You can’t even interact with normal people. You can only take so many trips then that gets old. I suspect that’s not healthy for humans.

  12. saintsfan1111 - Dec 16, 2011 at 1:55 AM

    Say hello to my little friend!

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