Real Estate Rumors

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Rich Paul purchased a $3 million summer home in Los Angeles recently, becoming the third member of LeBron James’ inner circle to buy a house out there in the last year. But you can still expect to see Paul in his usual seat, courtside at The Q, for most of the Cavs’ 41 home games. Paul, 34, who is James’ agent and founder of Klutch Sports agency, which represents multiple NBA players including the Cavs’ Tristan Thompson, bought a 3,900-square-foot new home in the Beverly Grove area of Los Angeles.
A source close to Paul said the Cleveland native will “continue to live in and operate out of” his hometown, and he bought the L.A. house because “increasingly, his clients, in addition to LeBron, are spending summers in Los Angeles.” James spent most of July, August, and September living and working out of his Brentwood estate. Thompson, the Raptors’ Cory Joseph, and Washington’s John Wall — all Paul clients — have also spent large chunks of their summers in southern California. So has Ben Simmons, a Paul client who was drafted first overall by the Philadelphia 76ers in June. Paul, who wants a place to live while his clients are out there, attended workouts recently in L.A. featuring James, Simmons, Dwyane Wade (not a Paul client) and others.
Storyline: Real Estate
NBA star JJ Redick may play for the Los Angeles Clippers, but he called this Austin, Texas, villa home until recently. Built in 2010, the residence is situated in the West Lake Hills neighborhood and features soaring ceilings, French doors, arched doorways, and crown moldings. There’s a large kitchen with a central island and a butler’s pantry. Additional highlights include a media room with a bar and a wood-paneled library with built-ins. Occupying more than an acre of terraced lawns and gardens, the home also features an infinity pool and a cabana, all amid verdant vistas. Listed for $5 million, this 10,000-square-foot home has 6 bedrooms, 6 baths, and 3 half baths.
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Los Angeles Clippers point guard Chris Paul is looking to make a change to his home lineup, listing his estate in Bel-Air for sale at $11.495 million. It was four years ago that the perennial All-Star bought the eight-bedroom, 11-bedroom mansion four years ago from singer-songwriter Avril Lavigne for $8.495 million. He’s since bought another home on two acres in Calabasas for $8.995 million. Obscured on either side by tall privacy hedges, the two-story Mediterranean sits on half an acre in guard-gated Bel-Air Crest and takes in canyon and reservoir views.
Storyline: Real Estate