HoopsHype Real Estate rumors

October 25, 2014 Updates

Tayshaun Prince, the NBA small forward who currently plays for the "Memphis Grizzlies", has reportedly purchased a home in North Palm Beach, Fla., for $3.1 million. Prince snagged the home for a discount as property records show that it was listed for $3.28 million. The home came up on market in mid September and closed deal by the end of that month marking a pretty quick sale. Realty Today

October 24, 2014 Updates
October 20, 2014 Updates

Dallas -- nay, America -- has many good reasons to love Mark Cuban. He turned the Mavericks into NBA champions. He's the most accessible billionaire in the universe. He yells at terrible refs on our behalf and feuds with the Perots. He was a disruptor before disrupting was cool. But for all of Cuban's endearing qualities, let's be honest about something: He's really terrible at real estate. Dallas Observer

Four-and-a-half-years on, Cuban's shovel has yet to pierce the earth, and neighbors and everyone else have mostly forgotten about the grandiose promises. Even the government-subsidized apartments haven't been built, thanks to HUD's refusal to support the project. "Nobody's paying attention because that property's been over there vacant for over 100 years," says Betty Culbreath, the district's plan commissioner. She doesn't think Wonderview is dead, but she's never met with Cuban or his reps and there is no sign that activity is imminent Dallas Observer

October 15, 2014 Updates

LeBron James is officially saying goodbye to Miami. Now that he’s back in Cleveland, James is selling his 16,680 square foot Miami digs for an asking price of $17 million. The six bedroom, eight bathroom house has an elevator, infinity edge pool and rooftop sundeck according to its listing on Opulence International Realty. For The Win

October 11, 2014 Updates

While news of LeBron James’ $17 million listing has been leading real estate headlines, new teammate and fellow all-star Kyrie Irving has made a move of his own, buying a Westlake, Ohio, home from former Cavaliers guard Daniel Gibson and his estranged wife, singer-songwriter Keyshia Cole. The 22-year-old point guard paid $800,000 for the two-story residence, found on more than half an acre west of Quicken Loans Arena. Gibson paid $1.25 million for the property in August 2009 and had asked as much as $1.1 million for the home last year. Los Angeles Times

October 8, 2014 Updates

Basketball vagabond Mike James, most recently of the Chicago Bulls, has put his mansion-estate in Houston on the market at $7.499 million. The gated compound, well-equipped for the modern athlete, features a detached sports complex, complete with an NBA regulation basketball court, a fitness center and hydrotherapy immersion tanks on nearly four acres in Rivercrest. Entered through a grand foyer, the 9,286 square feet of living space sports vaulted interiors with hardwood and marble flooring, detailed molding and stone fireplace. Among amenities is a game room with a wet bar, a media room and an office/retreat. There’s also two kitchens. The master suite, one of 11 bedrooms and 10.5 bathrooms, has dual vanities and a pair of soaking tubs. A detached guest house adds an additional 2,000 square feet. Outdoors, a sunken pool and spa separate the main residence and guest home. A pair of putting greens with sand traps and a water hazard complete the park-like setting. Los Angeles Times

October 3, 2014 Updates
September 17, 2014 Updates

If DeMar DeRozan needs a spot to hang his gold medal from the Basketball World Cup, the USA Basketball star has plenty of options to choose from. The former USC Trojans player and Toronto Raptors wing recently purchased a large estate in Tarzana for slightly over $3.75 million. The home, built in Mediterranean-style in 1995, occupies more than an acre in the gated Mulholland Park area with a pool, expansive lawns and a full basketball sports court. Entered through a grand foyer with a sweeping double staircase, the floor plan features detailed molding, distressed hardwood and a range of ceiling treatments. Los Angeles Times

September 12, 2014 Updates

Benjamin "Ben" Gordon, the shooting guard for NBA team "Orlando Magic", has reportedly lowered the price of his Northbrook, Ill., home to $425,000 and might have found a buyer for the house as well. Property records show that the house has a "contingent sale pending" sign, which means the sellers have accepted an offer on certain conditions. However, the deal isn't sealed yet. Realty Today

September 3, 2014 Updates

Luol Deng, the veteran NBA forward who is expected to fill the void at small forward for the Heat in the post-LeBron James era, has paid $4.6 million for a home on the Miami waterfront. The walled compound, built in 1928, occupies nearly three-quarters of an acre north of downtown Miami with a Mediterranean-style main residence, a two-story guesthouse, a pool, a boat dock with a lift and 107 feet of frontage on Biscayne Bay. Los Angeles Times

August 24, 2014 Updates

Dwyane Wade reportedly makes around $30 million a year -- his estimated worth is approximately $100 mil -- which makes it pretty shocking his $1.2 million Chicago pad is in foreclosure. According to legal docs -- obtained by TMZ Sports -- Wade stopped making payments on the $225K mortgage ... the docs don't say how much he's behind. The house is located in South Holland, a Chicago suburb. It's massive -- 7,800 square feet, 6 bedrooms and a basketball court on 3 acres. TMZ.com

August 3, 2014 Updates

Michael Selsman, a friend since 1962, recalled taking a proposal to Sterling. "Barney's is offering $15 million," Selsman remembered saying of the department store's bid to buy the building. "And he said, 'What would I do with another $15 million?.... Too much trouble. Tell them to forget it.'" Selsman said that was Sterling's standard response: "He was famous for saying, 'I buy. I never sell.'" Sterling's real estate acumen contrasts with reports by two doctors retained by Shelly Sterling in May. They claimed her husband is no longer competent to manage his business affairs, that he couldn't draw a clock or spell "world" backward and is in the early stages of Alzheimer's disease. That precipitated his removal as a trustee for the Sterling Family Trust, which owns the Clippers, and allowed his wife's rushed agreement to sell the team to Ballmer. Los Angeles Times

July 25, 2014 Updates

Former Los Angeles Lakers center Dwight Howard has sold his mansion-estate in Longwood, Fla., for $3.4 million. Howard, now in his second year with the Houston Rockets, paid $7.78 million for the lavish home known as Chateau D’Usse in October 2008, according to public records. He had asked for as much as $9.7 million for the property. Los Angeles Times

July 24, 2014 Updates
July 21, 2014 Updates

While Chris Bosh is set to remain in one beach city, he may be leaving another. The Miami Heat forward-center, fresh off signing a $118 million contract that will keep him in South Beach for the next five seasons, has listed his mansion-estate in Pacific Palisades for sale at $14.5 million. The gated estate, built in 2001, frames views extending from Topanga Canyon to the Pacific Ocean from its 1.45-acre knoll in Palisades Highlands. Mixing Mediterranean and Balinese influences, the 10,700 square feet of living space sports open interiors with polished floors, detailed columns, built-ins and telescoping walls of glass. Los Angeles Times

June 30, 2014 Updates

Even before he was dealt by the Knicks to the Mavericks, Tyson Chandler was already on the move. The NBA center and former Dominguez High School star sold his estate in Rancho Santa Fe in March for a loss at $2.7 million. Chandler and his wife, Kimberly, purchased the five-acre estate in August 2006 for $5 million. Los Angeles Times

June 28, 2014 Updates

Trevor Ariza, the shooting forward for NBA team "Washington Wizards", has reportedly scored a home sale in Windermere, Fla., for $1.5 million. Ariza purchased the home in September 2006 for $2.49 million. Public records show the home hit the listing market April this year for $1.67 million and was de-listed in June. However, it was put into escrow later in June and closed sale June 25. Realty Today

June 21, 2014 Updates

Chicago Bulls great Michael Jordan's ex-wife Juanita Vanoy Jordan on Thursday sold her 8,000-square-foot, triplex penthouse on Lake Shore Drive for $3.2 million. The Jordans, who divorced in 2006, paid $3 million in the 1990s for the four-bedroom penthouse. As part of the divorce, Michael wound up with the couple's 56,000-square-foot Highland Park mansion — which currently is on the market for $16 million — while Juanita received the Lake Shore Drive penthouse, which takes up its building's 39th and 40th floors plus its roof space. Chicago Tribune

June 20, 2014 Updates

Kevin Garnett of the Brooklyn Nets has sold his home in Concord, Mass., for $3.635 million. The veteran NBA forward-center paid $4.625 million for the modern home in September 2007 after being dealt by the Minnesota Timberwolves to the Boston Celtics. He listed the property for sale in October 2013 following an off-season trade that sent him from Boston to Brooklyn with Paul Pierce and others. Los Angeles Times

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.