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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. stopjocknmyswag - Jul 19, 2010 at 12:55 PM

    EPIC

  2. D. FRANKEL - Jul 19, 2010 at 1:13 PM

    People just don’t get it. I am from Cleveland, so I speak as a Clevelander. It is NOT that LeBron left…with free agency he has the option of choosing where to go….he chose Miami. So be it. He made his choice. People of Cleveland have no choice but to live with that. Life goes on. It’s the WAY he left. He chose to go on National TV and spit right in Cleveland’s face. The fans who supported him, the fans who loved him. How do you do that to your own hometown????? As fans, we expect MORE from our athletes, a little respect would have been nice.

  3. Lou - Jul 19, 2010 at 1:43 PM

    See what you like. I do not see where he spit in anyone’s face. But then I am not from Cleveland. I am from LA. And Kobe would never leave. Want to know why? Cause the Laker mgmt does everything in its power to help him win. Maybe Cleveland should do the same instead of crying?

  4. NICK GEERZ - Jul 19, 2010 at 1:51 PM

    HEY DAWG THEY GOTS SOME GOOD SCHRIMPS RIGHT OFF THE BACKYARD SON/

  5. Government Bailout Advisor - Jul 19, 2010 at 1:58 PM

    Some people are just morons. Had he decided to take your 6-year contract (of whatever team you like) you would love LeBron right now.
    As far as the house, yes Pat Riley DID own it and sold it several years ago to an auto dealer. LeBron is buying the home from the auto dealer. There is nothing nefarious with this deal. But nice to work up a conspiracy theory where none exists. If you can’t print facts you shouldn’t claim to be in the media. Terribly one-sided and poorly written article.

  6. Government Bailout Advisor - Jul 19, 2010 at 2:02 PM

    oh, and the listing of the property that someone posted is from 2006 – when Pat Riley sold the house. Doesn’t anyone check facts? After all it is part of the Miami-Wade County public record…

  7. T. Hall - Jul 19, 2010 at 2:03 PM

    To all of you who are wishing harm to someone you should ask God for forgiveness. To wish harm to someone takes away from your blessings. I pray nothing bad happens to any of your loved ones. This man made his choice and that is his right. who are we to judge him. if you had a job and you left it for another should to be condemned the way you are condemning him. Stop and think about where your mind set is. Is your house made of glass? Watch out stones crack glass.

  8. tigerhater - Jul 19, 2010 at 2:05 PM

    I hope all 200 toilets back-up and ruin all the carpets and hardwood floors.

  9. Mike - Jul 19, 2010 at 2:13 PM

    Lebron just shelled out 50 million for a house? He just signed a five year contract for 111 million. Taxes will take away nearly half of his pay. That means Lebron just spent nearly his entire contract on a house. Talk about putting too many of your eggs in one basket.

  10. JBP - Jul 19, 2010 at 2:21 PM

    So many poor people struggling to keep a roof over their heads and we have an athelete purchasing a home for 50 million. Where in the hell this world is coming to? How much room does one family need in a home? Pat Riley suckered LBJ to come to Miami, pay him a nice sum for a salary and now he’s taking it back from LBJ.
    One thing to learn from this: Get an education and if you leave high school for the pros, don’t take a bunch of high school dropouts like yourself with you for their expertise advice. A bunch of dummies advising one well to do dummy.

    • skids003 - Dec 1, 2011 at 3:34 PM

      Hey man, he’s got to have somewhere for his peeps and posse to chill.

  11. HoneyBee - Jul 19, 2010 at 2:21 PM

    I stop watching NBA because of these athlets showing off. Stupid dirt poor fans, scrapping on their savings to buy tickets and cable tv to support and increase these athlets behaviors laughing at them in their mansions.

  12. Monica - Jul 19, 2010 at 2:28 PM

    I am with you Lou and I AM from Cleveland. Of course I don’t live there anymore…….like LeBron I moved on.

  13. BAILOUT DOESNT WORK - Jul 19, 2010 at 2:32 PM

    HE DONT YOU HAVE SOMETHING BETTER TO DO LIKE TAX US POOR PEOPLE SOME MORE

  14. Dana - Jul 19, 2010 at 2:36 PM

    I’m from Ohio and I’m really sick of hearing “It’s not that he left, but the WAY that he left!” crap! Had he chosen to stay in Cleveland not one “fan” would have had anything negative to say. Nothing! The cheers would have been loud and many! What did you people expect? A personal phone call? HE DOESN’T KNOW YOU! So what he announced his decision on tv? It was going to be the biggest breaking story of the day regardless. AND if it was sooooo distasteful, why did ALL of you watch it for the FULL HOUR? Face it, Cleveland. NO ONE wanted to play in Cleveland! Talk about being a bunch of disloyal whiners…….

  15. GUIDO - Jul 19, 2010 at 2:43 PM

    YOU COULD NOT HAVE SAID IT BETTER . I HOPE LEBRON CHOKES !!!WHAT A SCUMBAG………HE MAY WIN A RING BUT WHAT HE DID WILL NEVER NEVER PUT HIM IN HIGH ESTEEM EXCEPT THE PANSIES FROM MIAMI!!!!!!!!!!!!!!

  16. T. Hall - Jul 19, 2010 at 2:56 PM

    To all of you who are wishing harm to someone you should ask God for forgiveness. To wish harm to someone takes away from your blessings. I pray nothing bad happens to any of your loved ones. This man made his choice and that is his right. who are we to judge. If you had a job and you left it for another should you be condemned the way you are condemning him. Stop and think about where your mind set is. Is your house made of glass? Watch out stones crack glass.

  17. SHENANIGANIZER - Jul 19, 2010 at 2:59 PM

    “The house features a 12 camera security system”
    No wonder the house cost so much!

  18. DONT LIKE THE HEAT - Jul 19, 2010 at 2:59 PM

    Im a Knicks fan unfortunately,, but seriously, 98% of you people on here need to get a fu@#in life,, who gives a rats ass about lebron or anyother highflying fast running brother… he dont pay ur bills .. why do yall lose sleep over this.. get a life especially u fans in cleveland did u really expect any star to stay and play for any of your teams ,,, damm yall get rrid of sabathia, lee, carmona next? edwards to the jets the list goes on ..

  19. Anonymous - Jul 19, 2010 at 3:46 PM

    That’s pronounced Srimps..H is silent …

  20. Anonymous - Jul 19, 2010 at 5:02 PM

    LETS GET REAL ITS NOT THAT HE LEFT ITS HOW NE LEFT HE SCREWED AND PLAYED CLE NY LA AND CHI . THAT RAT KNEW YEARS AGO THAT HE WAS LEAVING . WITH THIS ESPN FARCE AND ALL THE FREE AGENTS WERE SIGNED SO CLE COULD NOT REBUILD . IS THIS SOMEONE TO TALK ABOUT IN THE SAME BREATH AS JORDAN BRYANT AND THE LIST GOES ON AND ON????? HE DIDNT HAVE THE BALLS TO CALL THE OWNER WHO PAID HIM OVER 100 MILLION DOLLARS THE TIME HE SPENT IN CLE TO TELL HIM HES LEAVING …. YES CLE SUCKS BUT THE MONEY IS JUST AS GREEN AS MIAMI!!!!!!!!!!!!!

  21. shale - Jul 19, 2010 at 5:02 PM

    Actually D. Frankel
    The reason he choose to make his announcement on national tv was for the amount of money the sponsors would pay for a show like this one. LeBron James want to make some money for the Boys and Girls Club IN CLEVELAND, OH, again as he has done in the past. He raised, or the sponsors payout was over a half of million dollars.
    Who else could have raised that amount of money in a short period of time than LeBron James and only on that night.
    So if Cleveland can stop thinking about themselves for a moment and think about the amount of money he raised for a worthy cause, your fellow citizens might feel better, or maybe not!
    I am not a Basketball fan, but this guy was a free agent, he could go where he wanted. If he had told the city of Cleveland, the big hour lead up would not have netted so much money for the Boys and Girls Club….Feel better now? Good! You thought of someone other than yourself……..

  22. Anonymous - Jul 19, 2010 at 5:44 PM

    you better get your facts straight the money DID NOT go to cle ….. it went to the conn.area boys and girls club . ..hey lebron if you read this you have no class and you took the easy way out … you will regret the way you left and one day all these people you have around you kissing your ass will be gone then it will be to late ….karma lebron karma lebron

  23. mike - Jul 19, 2010 at 6:07 PM

    right on lou. cleveland is terrible and the owner is terrible. lebron tried to get bosh to come to cleveland and bosh said yeah right no way. lebron already signed one extension in that terrible city and lookin at the way they’re treating him now i bet he regrets that. cant wait till next year when they think theyre funny booing him and the heat win 200-9

  24. Joel - Jul 19, 2010 at 6:47 PM

    On top of not being able to win a championship on his own, This kid cant buy a home on his own either!!!! haha, Whats next ?!

  25. Lila - Jul 19, 2010 at 7:05 PM

    Exactly what I’ve been wishing someone would say; a lot of people are just making excuses for their juvenile behavior, and they’d still act just as childish about it even if he *didn’t* say it on that show. The funny thing is how many male sports fans- many of which try to come off as hard asses much of the time- are acting like complete pansies right now, like they just got their hearts broken. I wanted him to stay, but now I think he made the right decision- I wouldn’t want to be in any crappy city that thought of me as their damn puppet.

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