Real Estate

Most Expensive Mansions Owned By NBA Stars

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With basketball being one of the most popular sports in the world attracting the attention of millions of fans, NBA stars enjoy multi-million dollar contracts, which enable them to have a flamboyant and luxurious lifestyle. 

Since we are approaching the off-season were a lot of trade rumors are starting to fly around – edge.twinspires.com/nba/trade-rumors/, it is time to reflect on some of the things that NBA stars do when they are not playing on the court. 

The most common thing that they spent their fortune on is real estate, and there is a good reason for that. Since they are investing a significant amount from their budget, buying houses is a really good investment since the value of properties is rising over the years.

From infinity pools to home courts, a private gym, and big enough space to fit an entire basketball team,  we are going to take a closer look at some of the mansions that are owned by NBA stars. (Price estimations are taken from 2016)

Michael Jordan – ($29 Million) 

The basketball legend that changed the sport forever, now highly successful businessmen spent a ton of money buying his ridiculously big 56,000 square foot mansion in Chicago Illinois.  This is a one-floor construction that has everything that you can dream of, from climate-controlled garages (for whatever reason), a tennis court, and a separate three-bedroom guest house.

After a while, Jordan had a problem when he decided to sell the property just because it was a bit pricey and it was situated in Chicago Illinois, which is colder than other areas like Miami.

LeBron James – ($13.4 Million) 

It seems like the first two spots were reserved for the main Space Jam actors. LeBron James had a really successful career earning him around $330 million only in player salaries and another whopping $700 million in off the court endorsements, merchandising, and other businesses. 

This enables him to spend many millions on real estate, which is the example of this modest 12,100 square foot house, with eight bedrooms, six bathrooms, a separate guest house, home heather, and a dock that can host two yachts. 

LeBron purchased this property just after leaving Miami Heat and returning to the Cleveland Cavaliers. After moving to LA Lakers, he decided to sell the property asking $15 million, but he settled for $13.4 million, which is 4.4 million over what he paid in the first place.

Chris Bosh – ($14.5 Million)

Chris Bosh is a retired professional basketball player that had a successful career in the Miami Heats. Back in the days, he signed a five-year contract with the Heats earning him $118 million only from salaries. He retired in 2017 and now invests in real estate and other businesses as a hobby.

He bought a breath-taking mansion located at the top of California’s Highlands that is 10,000 square feet with a beautiful view of the Pacific Ocean. The house has all the things you can imagine, from the infinity pool to home theatre, sports bar, and gym. 

Dwayne Wade – ($17.9 Million)

Few minutes after Chris Bosh’s home, we have Dwayne Wade a former basketball legend that spent most of his career playing for the Miami Heats. Despite having a net worth of close to 200 million dollars, he took the process of buying a house very seriously. After looking at more than 50 homes, Dwayne Wade finally settled for a $17.9 million mansion that looks stunning.

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The property is located on the LaGorce island and its Mediterranean-style house makes it even more beautiful, especially with the stunning view of the ocean. This mansion has 8 very large bedrooms, 9 full-sized baths, a wet bar, an air-conditioned dog house, and of course, a basketball court. 

Dwight Howard – ($7.78 Million)

The Philadelphia 76ers center had an impressive career that earning him around $140 million. He spent his prime in the Huston Rockets when he purchased a beautiful property in Longwood, Florida. 

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This 11,000 square feet mansion has 5 bedrooms, 7 bathrooms, a professional chef’s kitchen that looks like it came out of a Michelin star restaurant, a huge pool with a lazy river, and a gym.

After few years, he decided to sell the property losing 3 million dollars due to the housing market crash. This wasn’t a problem just for him, just because few months after the sale he bought another 35,000 square feet mansion that cost him $8.8 million.

Contributer

Contributor is a guest writer for Newspostonline. This article was submitted by an external author or expert as part of our open platform for diverse perspectives and independent voices. The views expressed are those of the author and do not necessarily reflect the opinions of Newspostonline.

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