Michael Jordan Weighs In On Lebron James’ Decision

Breaking sports news video. MLB, NFL, NBA, NHL highlights and more.

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LeBron James To Buy $49.5 Million Coral Gables Mansion

LeBron James is buying this mansion, the most expensive one in Coral Gables…

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LeBron James talks to the media after The Miami Heat signed free agents LeBron James, Chris Bosh, and Dwyane Wade to 6 year contracts at the American Airlines Arena in Miami on July 9, 2010. UPI/Michael Bush Photo via Newscom

Yeah, you read it right and I couldn’t believe it either. Life and Style Magazine is reporting that LeBron James is buying this mansion, the most expensive one in Coral Gables, a Miami Florida suburb that Pat Riley used to own. I was flabbergasted when I saw someone tweet this.

I mean, I’m all for cats living in luxury but why not do what Donald Trump would do and buy a high rise building in South Beach, New York, Chicago, San Francisco that has 1,000 units where you make $500 per month or more in profit/positive cash flow on each unit? Yes, I understand the tax implications but the money can be spent in a $10 million mansion and then use the rest for creative passive income designed to grow LeBron James’ money as well.

The Mansion in Coral Gables Florida to be purchased by LeBron James

The Mansion in Coral Gables Florida to be purchased by LeBron James

Lebron James NBA Street Homecourt Video Game

Lebron James in NBA Street Homecourt doing some sweet dunks. This is the xbox 360 game.

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Lebron James as Miami Heat

Dressed in a white Heat uniform for the first time, LeBron James took a look at his new home crowd, folded his arms across his chest and nodded. The MVP took center stage in Miami at a huge welcoming party. (July 9)

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