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Sunday, July 18th, 2010 at 1:10 pm  |  98 responses

LeBron’s Buying a Castle Fit For King

Fanhouse with the report: “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.”

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  • http://daly1993@gmail.com Pat

    first

  • Nick the Quick

    I hope Riles didn’t leave his hair mousse in the bathroom closet.

  • Chris

    Wow… Unnecessary.

  • jin35

    blowing nearly half your contract before the season starts, very ‘kingly’ indeed.

  • jin35

    … As long as there is a suite for Mama James and Papa West, then its justifiable I guess.

  • http://www.hibachi20.blogspot.com BETCATS

    Their are more places to sh!t in that house than to sleep. Awesome.

  • http://www.twitter.com/NotebookNick NotebookNick

    Wow. I’d like to see more pictures.

  • http://itsahardwoodlife.blogspot.com omphalos

    Probably because people share beds, but I’ve never seen anybody use the toilet at the same time…

  • slamfan4life

    Everyones forgetting about his new deal with Nike

    and all his other sponsors

    the dude will be fine

  • http://www.slamonline.com James the Balla

    And this is why people hate the states lol.
    YEAH YOU!!

  • Danny

    Are people still talking about Lebron James as the King?

    If you can’t win a ring – you’re not a king.

  • cp3fan

    I hope David Stern looks into what really happened and how he really got to Miami. He was never returning to Cleveland. He knew he was leaving in 2008.

  • http://www.slamonline.com James the Balla

    50 million for one acre and 8 bedrooms. 1 million in canada, on the east coast will get you 500 acres, on the ocean, and 10 bedrooms.

  • http://www.slamonline.com/ The Promise

    Just continues to prove what a lot of us now think of him. He’s all about LeBron.

  • http://www.clownpenis.com Tarzan Cooper

    James, the one acre is just the guest suite, dingus. No one wants to live in canada, those who live there just have no where else to go, or they are terribly afraid of anyone who isnt white. Cp3fan, he was a free agent, he could go anywhere he wants, nothing wrong with it at all

  • http://www.yougotdunkedon.com LilKDub503

    With his endorsements, he should be able to afford it. But the real question is: WHY? It’s completely unnecessary. Who will be living in all those rooms? Hell, he could probably get a nice, good home in Coral Gables for a lot cheaper. And it’s not the price that’s crazy, it’s the bills. Imagine having your light bill be like $1000 per month. That’s just ridiculous. Let’s hope he doesn’t get hurt 4 games into the season and go broke for life. THAT would suck.

  • aL

    hey, the guy just loves to rub it in..lol..maybe this was what was lacking cleveland..haha

  • http://twitter.com/HarryByrdMan44 LA Huey

    I’d get horror movie paranoia in a house that big

  • http://www.hibachi20.blogspot.com BETCATS

    James, i would rather own 5 feet of American real estate than 500 acres of Canadian.

  • ThatGuy

    He needs all the extra bedrooms for his huge posse. His posse is bigger than most rappers

  • Exile

    BETCATS. Your loss.

  • Jake

    Um Tarzan, Canada is one of the most multi cultural countries in the world. Have you been to Toronto,Halifax,Montreal or Quebec City?White people are a minority in all of those cities.

  • http://www.kwapt.blogspot.com KobeWearsAPurpleThong

    Should be plenty of room for Gloria and Delonte to have late-night booty calls.

  • http://www.clownpenis.com Tarzan Cooper

    James, u must have rode the short bus, the wealthy have owned megamansions for thousands of years before this country existed, to theorize that this is exclusive to usa is laughable. Jake, while there are many foreigners in those cities, or so ive heard, id think u are embellishing when u say whites are the minority. Multi cultural? Lol gtfoh with that yuppie douchebag scared whiteboy lingo.

  • deep

    Umm Canada is a much better place to live then the states , and everyone agrees in the world

  • http://www.alllooksame.com Tarzan Cooper

    So thats why so many people live there right? Fu(k canada and wherever u live deepthroat

  • burnt_chicken

    hey BETCATS, why love your country so much? what have they done for you? Do you REALLY think your nation takes better care of you than any other would have, had you been born elsewhere?
    Even though you can’t spell for $hit, you seem to be a smart kid. I wonder why you are/were so susceptible to nationalistic brainwash.
    every nation has issues. Big ones. USA, Canada, whatever.

    IF you really think 5 feet of US soil is better than 500 acres of anywhere else, you must be choosing to live in a very small and narrow world indeed.
    In fact, some might call your condition a naive form of xenophobia.
    God bless the USA?
    How about God bless EVERYONE.
    Open your eyes, BETCATS. Look around. It’s a Big world just chock full of beautiful places and people.

    …and all you canadians dumbly responding by saying canada is better are just as ignorant, ps.

  • http://www.slamonline.com James the Balla

    You guys have never been to Canada I guess. I know a LOT of Americans that live. They don’t like getting shot at while checking the mail. And Canadian girls suck d1ck like champs and swallow. Yo girls are … FAT. And not plump juicy good fat, just… FAT.

  • http://www.slamonline.com James the Balla

    @Tarzan … they have yes. But the States extenuates this fact by having 70 percent of the population living off mcd1cks and wendy’s, and guys like Lebron and other high paid athlete’s paying 50 million for a place to sleep… but the next neighbourhood over doesn’t have health care.

  • http://www.slamonline.com James the Balla

    @tarzan… Canada now is 45/55. Caucasian is the Minority. And Toronto is most multi cultural city in the world. But hey, I only live here. How would I know… but I am going to go walk down my street and breath in FRESH air. WITHOUT ducking for cover.

  • http://www.slamonline.com James the Balla

    @burnt chick … come to Halifax. : ) you will say the same!!

  • Conoro

    TC… you are an ignorant and sad person.

    AMERICANS dress in Canadian wears when travelling abroad just so they won’t be viewed as SCUM. It’s people like you that help justify that notion.

    Keep your ignorance to yourself. It only helps to prove that you are the idiot everyone thinks you are.

    We have a small population because we don’t want to industrialize every square inch of potential building land in order to showcase and respect our country for the right reasons. If it weren’t for the many intelligent Americans that make those conservatory decisions, America would have died a long time ago if it was lead by people like you.

  • Conoro

    ^ Was written in proper form, but the site compacted it to make it read as though I had the same education as Tarzan…

  • Conoro

    ^Was written in proper form, but the site compacted it to make it read as though I have the same level of intelligence as Tarzan…

  • el_nino_torres

    just another way to prove that most pro athletes are idiots and would be broke if it wasnt for their god given talents……why do u need such a big house…what an idiot.

  • http://www.alllooksame.com Tarzan Cooper

    James, ive been to canada, have some distant relatives in regina, saskatchewan(spellcheck). And yes, there are tons of lard ass retards here, and I dislike them more than you, and I hate the govt here, thats another topic in itself. Now, a canadian saying american girls are fat? Thats rich. and being ‘multicultural’ is great, I love all ppl, except stupid ones. But the term ‘multicultural’ and ideaologies that go along with it is yuppie bs. Now, being aware and actually able to interact with many peoples and their cultures is what its about. Speakn spanish with some sa fools, then later go talk to a south african about marcus garvey, etc. Real ‘ multi cultural’ is great, that facade that many hide behind is wack. I was robbed at gunpoint in march, what did I do? Shank one and they others ran. I could have died easily. Canadas really low crime rate is attractive, but the weather?

  • http://www.alllooksame.com Tarzan Cooper

    Conoro, who the fu(k are you? U dont know a thing about me, haha. You make massive generalizations while calling me ignorant? Irony. if I led this country it would be 58492 times better,but the politricans keep the machine rolling, and suckers still think theyre being useful while pressin buttons on a diebold voting machine. Intelligence? A miniscule ounce of my minimum is seven times more than your maximum. Youre probably one of those fairies that reads mostly fiction books, if u read at all.

  • http://www.slamonline.com James the Balla

    Weather lol. Yeah… I really wish we had the States weather. Tornadoes, Hurricanes, Floods … or … Summer/Winter with none of that.

  • http://thetroyblog.com Teddy-the-Bear

    I’ve lived in both Canada and the US, and both have their merits. I like both countries. But d@mn are ya’ll some ignorant mofos.

  • http://thetroyblog.com Teddy-the-Bear

    “Fairies” read fiction. Right.

  • JTaylor21

    Of course the fools on here are complaining about a filthy rich dude buyin a house just because it’s bron. If you had money like he does u wouldn’t buy some regular house or leave in motel 6 would you. You can’t take money to the grave, so why not spend it.

  • http://www.facebook.com/sesa.opas Sesa

    He got the money, he had the right to spend it. The only thing goes to waste is that 11 bedrooms and 8 bathrooms. He can maybe build a game room or cinema room instead.

  • http://gmail dirty frank

    Damn! Some heat goin on hear. As a born and raised Canadian with most of my familly in the USA I want to clarify some things:
    1. While there are MANY people of MANY races in Canada – caucasians are nowhere near the minority.
    It is CLOSE to but over 50% white in many major cities.

    2. For those who want to talk about weather or people of a nation – TRAVEL. These are HUGE countries with major differences from one region to another.
    Seattle, Portland and Vancouver are alot more similar than anything is to Newfoundland.

    We are all sharing the same big piece of land and are all more similar than many care to admit.

  • truhero

    got 10 (+1) bathrooms, i can sh!t all day!! lol, more bathrooms than lil wayne, thats why he picked that house.

  • http://thetroyblog.com Teddy-the-Bear

    Tarzan: Being robbed at gunpoint and then shanking someone, and then acting like nothing happened is NOT something to be bragging about… And yeah, you do realize there are different places in Canada, and the weather varies from region to region, right? We aren’t all living in igloos, chilling with Polar Bears sipping Molson Canadian with our giant Mammoth skins.

  • frownkilla

    why is everyone talking about canada.we get it usa is more expensive,what’s new? lebron doesnt care, he has money to blow.

  • http://www.hibachi20.blogspot.com BETCATS

    burnt_chicken must not know what a joke is. That was a lot of thought you put into saying nothing.

  • ClydeSays

    Bosh will get Wade and Lebron to sign with the Raps in 2017 for one lAst shot at a ring. THEN we’ll talk Canadian real estate…

  • Robb

    cool, he just got a big new home where he can instal a 205 inch LCD TV and watch Kobe win his 6th.

  • ConeyIslander

    WOW. smh

  • http://slamonline.com The Black Rick Kamla

    this is possibly the dumbest thing I’ve heard all year….buy a $50 million house???? in this housing market???? thats absolutely ridiculous….you can buy a large neighborhood of mansions with 50 mil…thats absolutely ludicrous….and I thought dude had shrewd businessmen backing him…..smh

  • http://slamonline.com The Black Rick Kamla

    hey man let me detract that last comment, the man has the money let him do his thing. more power to him……better be the best house in America thats all I know

  • Jose

    I say they have the Heat’s 8 rotation players and Coach Spo live in their and pull off a ‘real world’ spoof….I’d Get at That.lol

  • Fitzy

    @ tarzan cooper, yeah must f*ckin suck residing in the highest standard of living in the world in vancouver. don’t think that america’s reign at the top will last forever either, and don’t even try to say Canada isn’t “real” multicultural.

  • Ronald

    As long as he’s able to sell it later for a similar price I don’t see what’s the harm in dropping what he can afford to buy the house. Most people buy houses that they can’t afford anyway.

  • http://www.slamonline.com/ The Promise

    I actually wouldn’t mind to have a house in Canada, its beautiful out there in the less populated areas. Nice place to get away from the hustle and bustle of everyday America, in my opinion.

  • http://www.triplejunearthed.com/dacre Dacre

    Attracts bears…

  • jpbl1976

    After taxes, most of Lebron’s salary from the Heat will go towards paying for this property. He’ll have to live off what he’ll earn in endorsement deals.

  • Ron Ron Hustle

    Isnt coral gables where the U of M is

  • floe

    the real question is why the hell is he paying 49 million in this economy? i would put an offer of one third of that and walk away.

    seriously, i think we’ve all overestimated lebron’s intelligence over the years. he’s just another rags to riches story.. nothing more nothing less.

  • JoeMaMa

    Let’s stop the Canada vs. America business and focus on the topic at hand, that no one has yet brought up: the majestic sight of a 150 foot dock. Man, that smooth wooden structure, the well placed bolts, the firm supports that keep it in place. Yeah…that’s like 15 mil right there. Docks. Yeah.

  • jalepinosauce

    Why does he need such a big house ? hmm . Because he can afford it & u cant. Because he wanted to . If fact you forgot one little rule of a King. What the King wants he gets. Yall just jealous coz he gonna pay more in taxes next year than you will ever earn in your whole lifetime. hehe :-)

  • jalepinosauce

    + if i had another go i would pick Canada over the states as there seems to be more fresh air + ‘NORMAL’ people. No contest really

  • hobbes

    “U need to spend money to make money.”-Lebronnnn

  • http://www.alllooksame.com Tarzan Cooper

    Teddy, im very well aware of your points on canada. And fighting your way out of a bad spot is def something to brag about, cuz it wasnt easy and could have turned out alot worse. How am I acting like nothing happened? …..From the cradle to the grave, life aint never been easy, livin in the ghetto…………….. Anyways, im thnkn of gettn dual citizenship. Do I have to live there for 5 years?

  • Justin

    How the hell did the topic of this article change to which country is better to live in? Tarzan might just be the most ignorant of all the posters so far though. To say Canada isn’t multicultural is ridiculous. The stereotypes that the US puts on us is pretty funny and Teddy, you’re right on all those things except one. We are so sipping on Molson Canadian. lol

  • KB

    why do yall care how he spend his money or where its at. let him live his life the wayhewants and stop hatin

  • JoeMaMa

    And the dock probably has a smooth finish, and smells of enchanted sandalwood. Man, I wish I had a dock like that right now. I’d moor so many boats to it. And I’d put lanterns around it and hold wine mixers there on the weekends. That there’s a man’s dock.

  • Orlando Green

    @BETCATS You’ve obvisouly never came to montreal.. Canada is awesome, for so many reason, but if one can convince you, the girls.. are skinny! You go to the states and you see one sexy girl per like 100, here it’s 75 per 100.

  • Justin

    Orlando is right. You have a continental breakfast here, you get fruits, pastries, yogurts etc. In hotels in the States the continental is doughnuts, cookies, and other pastries. When I was in Orlando there were three types of people: Obese people, Spanish speaking people, and obese Spanish speaking people. Now, as for Lebron spends his money…like KB said, why do we care? I bet you people would do the same thing if you had his kind of money

  • JoeMaMa

    And that dock was probably built with superior craftsmanship and handled with care. That dock is going nowhere. LeBron knows docks, friends. A tip o’ the cap to Cap’n James.

  • rayray

    @JoeMaMa – I’d hold the Catalina wine mixer on that dock – POW

  • JoeMaMa

    LeBron’s gonna throw a motherf*cking Catalian wine mixer on that majestic dock, replete with boats and hoes. Rayray – word.

  • giogolo

    I gotta admit now. Lebron wil bel one broke ass m0+H3rfa(kah when he retires. This guy deesn’t have an ounce of managerial and financial literacy or business sense unless this news is all just print and the real story is half or almost all of it(estate) was given or lent for free as long as he stays with MAIMI. This sounds to cliche jeesh. But I’m willing to bet on this for a dollar.

  • truhero

    ^ exactly. while youre betting for a dollar he’s buying a house for $50 mil. He definitely doesn’t know how to mangae his money like you must. He makes so much more money from endorsements, his new contract is his lowest form of income (Coke, State Farm, McDonalds, NIKE). Let him buy what he wants, the money isn’t stopping anytime soon.

  • http://dez@nba.com dez

    lol at catalian wine mixer. this is the most ig’nint thread i’ve ever seen on this site. why is everyone so emotionally invested in what Lebron buys? if your gfs chatted your ear off about what Paris Hilton just bought, you’d tell her to stfu and get a life. also, who cares about a usa vs canada arguement? nobodys going to be convinced anyways.

  • http://www.alllooksame.com Tarzan Cooper

    Dez, im convincd, I want dual citizenship, how do I get it? And whats with the dock joemama?

  • http://www.kb24.com The Seed

    What a waste of money, hopefully Lebron’s drop out management won’t let him fall like MC Hammer, trying to help everyone out, but Lebron did keep 3.5 millon of the 6 million money for the boy and girls club. Lebron can live off the interest of that money and lets see if Lebrons new care for boys and girls club translate to helping out some under priviliage kids in Miami and other communities in Florida. Also during the decision was I the only one realizing Lebron was saying thanks for helping with the priviliage children when he was giving check to make himself look good. BOOK IT!!!

  • truthteller

    Good for LeBron. I wish him all the best. It’s his money and he can spend it anyway he wants. People really shouldn’t give him flack for that. Get a life people!

  • Ngoie

    Bron Bron needs a GPS to find the backdoor of his crib!
    And i bet MTV cribs will take 30 min only to just check out his front hall. LOL

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  • Conoro

    Tarzan… I don’t even need to explain how many ways you’re wrong. You just proved to me how sad of a person you are with your swearing and calling me a “fairy”.

    Try not to waste anyone’s time anymore. You’re just embarrassing yourself.

  • Conoro

    * and other Americans

  • http://www.clownpenis.com Tarzan Cooper

    Gee whiz beav, I sweared, I bet father sure will be upset. Im not sad, I feel great. You, however, seem to be butthurt. How am I wasting anyones time? If u think reading my comments is a waste of ur time, then dont, go read harry potter. And yes, ppl who read mostly fiction are fairies. Why waste ur time with crap when there is so much real stuff to learn about. Ex: shakespeare is crap, its just soap operas, whats so good about it? Othello, romeo, all of shakespeare is just crappy soap opera.

  • http://www.hibachi20.blogspot.com BETCATS

    To all the Canadians i have enraged, i was joking. I actually do want to one day visit your country and impregnate your maidens. I hope this suffices and you will all stop referencing my post as ‘typical american ignorance’.

  • http://stoudemire32_2@hotmail.com Midnight Hustle

    Okay, I’m Canadian and have been to the states plenty of times for tourneys, road trips and what not. Both countries are too different to compare and both amazing in their own ways. I thought this was about Lebron buying a mansion anyways. I wonder if he’ll turn one of those bedrooms into a trophy room where he can put all his MVP’s and awards and rings… oh wait

  • Emmett

    “shakespeare is crap, it’s just soap operas”…hmm, the greatest playwright in the history of the English language is crap? And even worse, it’s just soap operas? Well, even if they were just soap operas, they’re better soap operas than the ones watched by millions of Americans every weekday afternoon.

  • kh

    I can only imagine how happy the real estate agent and the person who sold the house are. They were probably thinking…”who the hell is going to buy a 50 million dollar home?”…

  • Fred Derf

    lebron blows boat people

  • Riley

    CONSPIRACY. An offer was made off the record to get Lebron in Miami.

  • LB

    How Mike Tysonesque..

  • Harlem_World

    For all the Canadians reading this, which part of Canada is the best – if you’re looking for a balance of city life, clean air/environment, good racial mix, good houses for reasonable money etc…

    Serious question.

  • giogolo

    @truhero
    I’d would very much like to have a word with you about this topic 20 years from now. That’s the amount of time Lebron will lose a substantial amount of his hard-eraned money from your so called endorsements. I may not be a millioniare in dollars but please do know that financial literarcy is NEVER about the amount of money you have.otherwise there won’t be a Tyson,Pippen,Holyfield,Football players who go broke after they earn $400 million. It’s how you make it grow with respect to it’s value. My dollar that I bet now won’t be the same 20 years from now. Pls. do read a lot on that,I recommend. It having a degree either doesn’t make you business-smart.Some people are just born with it. Like how athletes are.

  • giogolo

    ^ I never give out destructive criticisms. It will tell a lot about myself. = )

  • unrel

    this is supposedly not true.. that the owner of the house took it off the market 3 months ago.. and that riles never lived it in.. but lived in the neighborhood.. so everyone’s comments are for nothing.. assuming it’s true that it’s untrue..

  • Conoro

    @Harlem_World

    Ottawa or Vancouver. Ottawa sounds more like what you’re asking for, but Vancouver is absolutely amazing.

  • buccetz714

    that is perfect

    sincerely delonte west

  • http://www.slamonline.com Pardeep

    Vancouver is arguably a top 3 city in North America we have the most diverse country in the world so anyone who thinks that aint true is an idiot.

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