It appears the real estate market wasn’t kind to Patrick Ewing. The basketball hall of famer’s New Jersey home, once listed for as much as $6.998 million, sold last week for $2.65 million, Multiple Listing Service records show. That amounts to a $3.7-million loss for Ewing, who paid $6.35 million for the property in 2007.
In the Trousdale section of Beverly Hills, the home of late basketball agent and attorney Dan Fegan has found a buyer at $8.825 million, public records show. Fegan, who died two years ago at 56, represented such NBA superstars as Dwight Howard, John Wall and Amar’e Stoudemire. His single-story home, built in 1968 and since updated, has four bedrooms and 3.5 bathrooms in about 4,600 square feet.
Briefly with the Cleveland Cavaliers and now balling for the Utah Jazz, former L.A. Laker Jordan Clarkson seeks $3.35 million for a fairly recently purchased home in L.A.’s proto-suburban Woodland Hills community. The 6’4” guard purchased the then brand-spanking new house not even two years ago for a wee bit less than $3.2 million. Described in listings held by Zeev Perez at Keller Williams as a Cape Cod style home, the roughly 5,800-square-foot, family-sized structure is set behind a low fence and electronic driveway gates with five bedrooms and five full and two half bathrooms.
Phoenix Suns star Devin Booker has listed his Paradise Valley home on the market. The home is about 5,600 square feet and has four bedrooms and 4.5 bathrooms, according to the listing. It is listed for $4.195 million.
NBA star Carmelo Anthony just listed his luxury Manhattan property overlooking New York City’s High Line park. The former New York Knicks player, 35 — who left the team to play for the Oklahoma City Thunder, briefly the Houston Rockets, and now, the Portland Trail Blazers — is asking for $12.85 million for the five-bedroom, four-bathroom condo located in the Chelsea neighborhood. Kevin Mallen and Michael Graves of Compass hold the listing.
While competing in his first All-Star Game, Phoenix Suns star Devin Booker found time over the weekend to list his Arizona home for sale. The Paradise Valley estate is up for grabs at $4.195 million, records show. The contemporary digs sit about 15 miles northeast of Talking Stick Resort Arena, where the Suns play. Booker bought the home three years ago for $3.25 million, according to the Multiple Listing Service.
In contrast to a number of teammates who’ve bought properties in the Milwaukee space, Pat Connaughton has gone a step additional: He is tearing down a dilapidated duplex so he can substitute it with a four-story house constructing. “I’ll attempt to personal this endlessly,” Connaughton, 27, stated on a current morning as he stepped inside the husk of the outdated duplex at the nook of North Milwaukee and East Knapp streets, simply a few blocks from Fiserv Discussion board, the place the Bucks play their residence video games.
However Connaughton might see the future: a three-unit constructing full of recent facilities topped by a 3,132-square-foot penthouse, which he plans to make his residence. Need to be his neighbor? Connaughton goes to hire out the different two models. (Bucks workers can count on a low cost.) He hopes to finish the undertaking by midsummer. If the Bucks win a championship, the parade can launch from his new pad. “I’ll have a housewarming occasion to kick it off,” Connaughton stated.
Connaughton has been constructing a second profession in actual property via his improvement firm, Seashore Home LLC, which is a household affair. His father, Len, is the vp, and Joe Stanton, a childhood good friend, is the director of undertaking administration. The corporate owns 4 properties and bought two others in Portland, Ore., the place Connaughton spent three seasons taking part in for the Path Blazers. Seashore Home additionally owns three properties and bought one other in South Bend, Ind., the place Connaughton was a two-sport star at Notre Dame. And in Milwaukee, he has two initiatives in the works, together with the house constructing close to the enviornment. Connaughton bought the property, which had been vacant for months, for $325,000, and he expects the rebuild to price a further $800,000.
Kenyon Martin, the NBA vet who was the No.1 overall draft pick in 2000, has listed his Tuscan-style estate in Calabasas for sale at $3.599 million. He’s not the only pro athlete to inhabit the home. Four years ago, he bought it from retired major leaguer Jason Kubel for $2.8 million, records show.
Legendary NBA coach Gregg Popovich, who’s currently battling for a playoff spot with the San Antonio Spurs, is handling some business in San Francisco. His three-bedroom condo of nearly two decades just hit the market there for $2.675 million. If it meets its price, it’ll be a nice chunk of change for the five-time NBA champion. Records show that Popovich paid $1.475 million for the home back in 2002.
Curry, who signed a $201 million, five-year contract in 2017, snapped up a condo in the Four Seasons Private Residences at 706 Mission St., a new tower opening in June across from Yerba Buena Center for the Arts. The price for the 2,800-square-foot condo the Currys bought was just under $8 million, according to real estate sources familiar with the unit and building. The unit is on the 30th floor — coincidentally, Curry wears No. 30 for the Warriors.
Jeff Teague, a point guard for the Atlanta Hawks, bought a 935-square-foot apartment at 1200 Crystal Drive in Crystal City just two months after Amazon.com Inc. (NASDAQ: AMZN) said it would build its second headquarters in the neighborhood, according to Arlington property records WBJ dug up recently.
Teague, who was playing for the Minnesota Timberwolves at the time, closed on the apartment in January 2019, paying $450,000. That was about $85,000 more than the median sale price for condos and apartments in Arlington County.
After his move from the Washington Wizards to the Los Angeles Lakers last summer, NBA star Dwight Howard is officially ready to part ways with his home in the capital. The athlete recently listed his sprawling Washington, D.C., penthouse with Sotheby’s for $2.475 million.
The San Antonio Spurs are currently fighting for a playoff spot, but once the season is over, point guard Patty Mills will have a nice spot to relax. The veteran recently paid $1.92 million for a coastal home in Hawaii, according to the Multiple Listing Service. The breezy retreat spans an acre in Haleiwa, a waterfront community on the north shore of the island of Oahu.
Former NBA All-Star Steve Francis is dribbling away from his huge home in Houston. The mansion is listed for $5 million. The Maryland native purchased the place in 2003, when he was starring at point guard for the Houston Rockets.
Professional basketball player Chandler Parsons has doubled down in L.A.’s high-end housing market, buying a home in the Hollywood Hills for $6.775 million. The sale, which closed in December, came roughly a week after the Atlanta Hawks forward cut a $9.25-million deal for “CSI” creator Anthony Zuiker’s Malibu compound, the Los Angeles Times previously reported.
NBA fans know two things about Houston Rockets guard James Harden—his beard is legendary and he’s a prolific basketball scorer (he’s averaging 38.3 points per game this season). But that’s a drop in the bucket compared to the $10 million Houston mansion the All-Star scored. Harden’s estate, called Memorial Modern, took three years to build and spans 3.5 acres in Rivercrest, an exclusive enclave in suburban Houston. The 26,000-square-foot ultra-modern manse features a grotto, wine room, casita, prep kitchen, full bar and a fitness room. It’s crafted from commercial-grade steel with minimalist design elements.
A big man needs a big house. Retired NBA power forward Antonio McDyess measures 6 feet 9 inches, and just scored a house of equally epic proportions—a 10,287-square-foot mansion in Houston, TX, that he won at a no-reserve auction for an undisclosed amount. The auction was held on Oct. 3 for the luxury mansion, which was last listed in September for $3,025,000.
This isn't the All-Star's first foray into big-time Houston real estate. In 2013, he listed a waterfront home in nearby Montgomery for $2.275 million, and it sold about a year later for an undisclosed amount.
NBA star Trae Young is beastin' for the Atlanta Hawks right now ... and he's rewarding himself by buying a $1.5 million crib in his home state of Oklahoma!! TMZ Sports has learned ... Trae bought himself a new 8,100-square-foot pad in Norman Oklahoma where he grew up --- his first LEGIT house ... and it's loaded!!! The pad comes with 5 bedrooms, 6 baths, a massive kitchen, a pool with a cool slide, a pool house ... and you can put up to 7 cars in his giant garage!
Clippers forward Kawhi Leonard will have a shorter commute to the Staples Center after buying a penthouse at the Ritz-Carlton Residences at L.A. Live for $6.725 million. Centered on the downtown cityscape, the 4,280-square-foot unit features wood floors, walls of glass, two custom fireplaces and magnetic, wall-mounted iPads for controlling smart home systems. The family room adjoins a center-island kitchen with a breakfast nook. There are three bedrooms.
Houston Rockets point guard Russell Westbrook has put his home in the Beverly Hills Post Office area back up for sale at $5.35 million. That’s about $650,000 shy of the original asking price but still $700,000 more than Westbrook paid for the place in 2015, records show.
“CSI” creator Anthony Zuiker sold his concrete-clad contemporary in Malibu to Atlanta Hawks forward Chandler Parsons for $9.25 million. The 1.4-acre property includes a saltwater swimming pool and a covered pavilion perched above a tennis court. The 5,555-square-foot floor plan has a two-story entry, a semicircular living room, a dining room with tray ceilings and five bedrooms. Parsons, 31, previously played for the Memphis Grizzlies, the Dallas Mavericks and the Houston Rockets.
Clippers executive and former NBA player Jerry West has sold his home in the Bay Area community of Hayward for $1.585 million. The four-bedroom contemporary has a stucco and stone facade. Steeply pitched roofs face the street and frame the walkway to the front door.
Former Houston Rockets owner Leslie Alexander has put his La Jolla beach home back on the market at $17.75 million. The imposing three-story contemporary, built in 2002, overlooks 50 feet of ocean frontage. Walls of glass move away to bring ocean breezes into the 9,320 square feet of interiors.
West’s leaving behind a 3,468-square-foot Bay Area home with four bedrooms and five baths. It features a master and a junior suite and a patio with both ceiling heat and a fireplace, among many other amenities, including membership in the Stonebrae Country Club.
Former President Barack Obama is now officially a resident of Martha’s Vineyard, after having closed on the Edgartown estate of Boston Celtics owner Wyc Grousbeck. The 29-acre Edgartown property on Turkeyland Cove Road was purchased by Turkeyland Cove Nominee Trust for $11.75 million, according to Dukes County Registry of Deeds records. The property had been on the market for $14.8 million, and was assessed at $15.1 million.
NBA big man Aron Baynes, who’s currently enjoying a career year with the Phoenix Suns, is finding success off the court as well. After being traded by the Celtics over the summer, he just sold his townhouse outside Boston for the full asking price of $1.699 million. That’s $114,000 more than he paid shortly after inking a two-year deal with the team worth $11 million in 2018, The Times previously reported.
Robert Sarver, owner of the NBA team Phoenix Suns and the Spanish football team Real Club Deportivo Mallorca, has just sold his five-acre private estate in Paradise Valley, Arizona, for $19.25 million, the highest residential sale ever recorded in the state.
The Manhasset home owned by Chris Mullin, basketball Hall of Famer, five-time NBA All-Star and former St. John's coach, is on the market for $3,199,500. Mullin has lived in the home with wife, Elizabeth, for the past two decades.
Twenty-seven years later, the four-time NBA champion with the Los Angeles Lakers and Miami Heat hosted a ribbon-cutting ceremony, alongside Mayor Ras Baraka, at an $80 million, 22-story building at 50 Rector Park in the Newark Downtown District. The development, known around town as “Shaq Tower,” is the first high-rise apartment building to join the city’s skyline in more than 50 years. The project came about as a public-private partnership between Shaq, the city, the state of New Jersey, New Brunswick-based Boraie Development and the Goldman Sachs Urban Investment Group. The new tower was also boosted by a $24 million New Jersey Department of Economic Development Urban Transit Hub Tax Credit. The building’s one million square feet of space includes ground-floor retail space and 169 residential units—with monthly rents ranging from $1,800 to $2,895—as well as a gym, co-working lounge, private dining room, sky deck and Amazon lockers.
A contemporary California home belonging to former NBA superstar Shaquille "Shaq" O’Neal is set to bounce onto the market in the next few days Mansion Global has learned. Nestled in the gated community of Bell Canyon in the Simi Hills—roughly 35 miles from Los Angeles—the spread will have a $2.5 million price tag attached to it when it lists with Tomer Fridman and Jonathan Siegfried of Compass.
It is the first high-rise apartment in Newark in more than 50 years. O’Neal, a Newark native, was part of the public-private partnership group between that state that helped develop the building.
Another plush North Texas residential estate is hitting the auction block – this one in Southlake. The 4.83-acre estate on Dove Road has a 16,477-square-foot mansion with all the frills you’d expect and more. It’s being sold by retired NBA all-star player Jermaine O’Neal and comes with a full-court basketball gym.
Now that’s she’s joined the Cleveland Cavaliers as an assistant coach, Lindsay Gottlieb is ready to move on from her Oakland, CA, home. The Mediterranean-style mansion just landed on the market for $1.3 million. She picked up the beautifully appointed home in the foothills for $1.2 million in 2014, during her Cal coaching stint.
Dallas Mavericks star Dirk Nowitzki isn’t downsizing in his retirement. The NBA legend just purchased a landmark North Dallas estate that will give him room to practice his free throw and lounge around the backyard pool. Nowitzki bought the Preston Hollow estate previously owned by the late Dallas billionaire Charles Wyly. The 11,394-square-foot mansion at 5906 Deloache Avenue hit the market last year with a price tag of $8.25 million.
As Rudy Gay embarks on his third season with the San Antonio Spurs, he’s looking to finish off his stay in Florida. The 14-year veteran just listed his palm-topped mansion in Southwest Ranches for $3.475 million. Records show Gay paid $2.13 million for the home in 2014 and added a personal touch to the 2.3-acre grounds: a basketball court with a UConn theme; he played two years of basketball at the University of Connecticut.
Gilbert’s cultivation of the Trump family appears to have paid off: Three swaths of downtown Detroit were selected as opportunity zones under the Trump tax law, extending a valuable tax break to Gilbert’s real estate empire. Gilbert’s relationship with the White House helped him win his desired tax break, an email obtained by ProPublica suggests. In February 2018, as the selection process was underway, a top Michigan economic development official asked her colleague to call Quicken’s executive vice president for government affairs about opportunity zones. “They worked with the White House on it and want to be sure we are coordinated,” wrote the official, Christine Roeder, in an email with the subject line “Quicken.”
Gilbert influenced the local selection process, as well, other emails obtained by ProPublica show: Quicken’s top lobbyist was so enmeshed in the process, his name appears on an opportunity zone map made by the city economic development organization, recommending part of downtown be included in the tax break. No other non-city officials are named on the document. The result has likely already been a boon to Gilbert: Multiple studies have found that property values in opportunity zones increased because of the tax break. Gilbert has put an estimated $3 billion into buying and renovating properties in Detroit, the vast majority now in opportunity zones.
The White House, Treasury Department and Quicken Loans all declined to answer repeated questions about Gilbert’s interactions with the Trump administration regarding opportunity zones. Roeder didn’t respond to requests for comment. A spokesperson for the Michigan Economic Development Corporation declined to elaborate on the email mentioning Quicken’s work with the White House. In a statement, Jared Fleisher, Quicken Loans vice president of government affairs, acknowledged Gilbert’s companies gave input to the state but said they “did not exercise any inappropriate influence.” The companies “joined a wide range of stakeholders in providing feedback into the Opportunity Zone selection process,” he said. “The State of Michigan engaged interested parties, asked for their input, and encouraged participants to share the State of Michigan’s request for input with other potentially interested groups.”
Experts say two of the downtown Detroit tracts are islands of wealth in the city, one of the poorest in the nation. They are significantly wealthier by median income than the surrounding area. They include Gilbert-owned office space with high-end tenants including Microsoft, JP Morgan and Quicken Loans. The boutique Shinola Hotel sits in another Gilbert property that is now in one of the opportunity zones. While the tax break is supposed to generate new development, Gilbert already has several long-planned projects located in the newly designated zones, including the construction of a glass-and-steel skyscraper on the historic Hudson’s department store site.
Former NBA player Mike Dunleavy Jr. has listed his New York City apartment for $7 million. After accepting an assistant general manager role with the Golden State Warriors, he’s headed west and moving on from his Tribeca digs.
He was once one of the highest-paid players on the New York Knicks. Now Allan Houston may be cashing in again with the sale of his palatial estate just outside New York City. For a cool $16 million dollars, the 19,000-square-foot French revival home, located less than an hour from Madison Square Garden, features a whopping 26 rooms, including eight bedrooms, 10 marble bathrooms and two powder rooms.
Though NBA superstar Paul “PG-13” George was traded to the Los Angeles Clippers less than two months ago, the Palmdale, Calif. native and his longtime partner Daniela Rajic apparently like the West Coast so much that they’re already upgrading their local residential circumstances. Records reveal George has forked out nearly $16.1 million for a three-story, elevator-equipped mansion in Pacific Palisades, on L.A.’s spectacularly pricey Westside. As it turns out, the Palisades manse in question sports a celebrity pedigree. Despite being built only five years ago — in late 2014 — the house has already changed hands thrice. Back in late 2015, fellow NBA superstar and former Clipper DeAndre Jordan shelled out $12.7 million for the then-brand-new property, though he lived there for less than six months before putting it up for sale and eventually dumping the oversized abode at a million-dollar loss to local hedge funder Curtis Macnguyen.
Kawhi Leonard is officially on the prowl for his new home ... checking out some of the best available cribs in Los Angeles ... starting with an incredible $10 million pad!! TMZ Sports has learned ... the Clippers superstar has been lookin' for a place to hang his hat recently ... exploring all the nicest houses L.A. has to offer (and there's a lot). Leonard was spotted visiting a spot on the Sunset Strip earlier this week ... and we gotta say, the dude has great taste.
Dwyane Wade will always be a legend in Miami sports lore, but he may not be a homeowner in Miami Beach much longer. The former Miami Heat and Marquette Golden Eagles star has offered his mansion at 5980 N. Bay Road, Miami Beach, for sale at $32.5 million, according to a listing by Brett Harris with Douglas Elliman. The brokerage declined to comment on the listing.
Wade bought the Miami Beach home through a trust for $10.645 million in 2010, the same year the Heat landed the “Big 3” of Wade, LeBron James and Chris Bosh. Wade made significant renovations to the property since then.
Retired Miami Heat star Dwyane Wade is selling his Miami Beach estate. Asking price: $32.5 million. The 14,000-square-foot estate on North Bay Road comes with six bedrooms, nine full and two half baths, swimming pool, wine room, game room, home theater and of course, an outdoor basketball court. It sits on an acre-sized lot fronting Biscayne Bay.
A clear glistening pool surrounded by a yard with not a blade of grass out of place. Pacers jerseys hanging perfectly in a row inside a blue and gold basketball room. A kitchen straight out of a magazine and a master bedroom that looks like a hotel suite. Less than three months after basketball legend Larry Bird put his $2.3 million Indianapolis English manor up for sale, it flew off the market. Every little detail inside and outside the Washington Township home was scrupulous, said Brian Sanders, with Century 21 Scheetz, who represented the buyers and used to live down the street from Bird.
Though the property was technically acquired by a mysteriously-named entity, a deep dive into records confirms the $31 million buyer is not a tech bajillionaire or foreign investor but rather professional basketball’s own Stephen Curry — a man currently signed to a whopping $201 million contract with the NBA’s Golden State Warriors — and his wife Ayesha.
Curry has been a busy real estate bee over the past year — back in January, he sold a $6.3 million Alamo, Calif. mansion at a slight profit; that same month, he also unloaded his North Carolina starter home at a slight loss. The 31-year-old’s Atherton residential splurge will run him approximately $330,000 in annual property taxes alone, several times the amount of his current residence, another $6 million Alamo mansion that was purchased only last year.
A four-bedroom, 2,280-square-foot house in south suburban Matteson has the unusual distinction of having been sold on two occasions in the past six months by two separate and now-retired, Chicago-born NBA stars: Dwyane Wade and Tim Hardaway. Wade was the much longer owner of the house, which is in Matteson’s Trinity Creeks neighborhood. He paid $390,000 for it in 2006 with his then-wife, Siohvaughn. After the couple’s divorce, Wade was awarded the house in 2014.
In March, Wade sold the Matteson house for $235,000. And the buyer? An Illinois limited liability company whose owner is Hardaway. Like Wade, Hardaway also is a Chicago-area native and prep basketball star who went on to great success in the NBA. Hardaway didn’t own the Matteson house for anywhere near as long as Wade did, however. Hardaway sold it on July 31 for $269,000, according to public records.
Golden State Warriors majority owner Joe Lacob has purchased a mansion in Malibu, Calif. for $29.1 million, reports Variety.
The luxurious 5,512 square foot home on Carbon Beach blends indoor-outdoor living with floor-to-ceiling sliding glass doors that open to a loggia and outdoor kitchen, fire pit and hot tub. Inside, there are five bedrooms and six baths. The property also touts a home theater, elevator and glass room gym, among many other amenities.
Moving to Europe has spurred Mario Chalmers to part with his stately home in North Carolina. Located in Matthews, the massive 11,011-square-foot manor has landed on the market for $2.2 million.
NBA All-Star Chris Paul is dribbling away from his Houston, TX, home. After being traded to the Oklahoma City Thunder last month, the former Houston Rockets point guard has listed his posh property for $8.3 million. He didn’t own this massive mansion for very long—the residence last changed hands in April 2018. Although the price Paul paid is undisclosed, the home was on the market for $6.9 million.
A native of Long Beach, CA, Landry Fields parlayed his five-season NBA career into a role as a scout, so he knows a thing or two about making smart choices. He also possesses a keen eye for real estate— as evidenced by his home in Rossmoor, CA. The 5,408-square-foot house is now on the market for $2.65 million.
Barack and Michelle Obama may soon become Kennedy adjacent because we've learned they're in escrow for a remarkable, mega-expensive, Martha's Vineyard estate. Multiple island sources tell us the Obamas are in escrow for the estate owned by Boston Celtics owner, Wyc Grousbeck. The former Prez and First Lady have been renting the house this summer and loved it so much, we've learned they made an offer. The property is listed at $14,850,000. Our sources say they're paying less, but we don't know how much.
Barack and Michelle Obama are reportedly buying a Martha’s Vineyard mansion [belonging to Celtics owner Wyc Grousbeck]. The listing agent for the property declined comment when reached by the Globe. A Celtics representative also declined comment; a spokesperson for Obama could not immediately be reached.
In fact, the Obamas had been renting Grousbeck’s home — a seven-bedroom, eight-and-a-half bathroom estate spanning nearly 7,000 square feet on more than 29 acres, according to a listing — during their vacation to the Massachusetts island this summer. Grousbeck’s Edgartown house has been on the market for four years. He originally listed it for more than $22 million but has since dropped the price, according to realtor.com.
It’s been a busy summer for basketball legend Jerry West. A month after bringing NBA stars Kawhi Leonard and Paul George to L.A., the Clippers executive has put a Bay Area home in Hayward up for sale at $1.68 million.
On the real estate front, West has been making real estate moves pretty steadily of late. Over the past two years, he’s sold a Mediterranean-style spread in Playa Vista for $2.165 million and bought the La Quinta home of golfer Fred Couples for $2.8 million.
Lakers center Javale McGee is shooting his shot in Encino, where his Mediterranean-style home of four years is on the market for $3.3 million. The two-time NBA champion isn’t the only big name tied to the place. He bought it from Grammy-winning singer Marc Anthony in 2015 for $2.425 million, The Times previously reported.
Lonzo Ball appears to be getting his business affairs in order as he prepares for a move to New Orleans. A limited liability company tied to the former Lakers point guard, who was traded to the Pelicans this offseason in the blockbuster deal for Anthony Davis, has sold a commercial property in downtown Los Angeles for a little over $4.265 million, public records show.
The 14,635-square-foot building was used as a distribution center for Big Baller Brand, a clothing and footwear company launched in 2016 by Ball’s father, LaVar Ball. Lonzo Ball is a majority owner in the apparel company, which produces his $495 Z02 basketball shoe.
NBA veteran Luol Deng is sweetening the pot in Brentwood. His modern home, which hit the market earlier this year for $7.45 million, just got cut to $6.895 million. The two-time All-Star paid $6.15 million for the property in 2016 shortly after inking a four-year deal with the Lakers worth $72 million.
Ballers are drawn to the large lots with space to spread out and high ceilings in newly built mansions. In fact, NBA MVP Giannis Antetokounmpo of the Milwaukee Bucks bought a home in the scenic locale last year. But one of the homes in this quiet suburb—belonging to former Milwaukee Bucks shooting guard O.J. Mayo—is now in foreclosure.
New team, new pad -- L.A.'s newest superstar Anthony Davis has found a temporary home in his new territory ... renting an INSANE $14.1 million mansion in Bel-Air!!! TMZ Sports has learned ... The Brow is resting his feet in a super private gated community in L.A. ... and the 12,000-square-foot house is a perfect for a big-time baller.
NBA free agent Arron Afflalo has finally sold his Las Vegas estate, but for a few million short of what he’d hoped. After listing last year for $5.675 million, the home sold for $3.469 million — or $331,000 less than he paid for it in 2017.
But the Sudanese-born Deng is not waiting for the end of his playing days for his next big score. He’s been investing in real estate almost since the time he entered the league in 2004 and has amassed an impressive portfolio—hotels, resorts, condos and apartment buildings—worth $125 million. Deng is part of a new crop of sports stars leveraging their fame and fortunes in new ventures and striking while the iron is hot. In the NBA alone, you have current players like Stephen Curry, Blake Griffin and LeBron James launching film production companies; Andre Iguodala and Kevin Durant are active venture capital investors; and Carmelo Anthony and Derrick Rose are also engaged in large-scale real estate deals. “If you know the market and you are using your leverage and doing the right deals, it is really nonstop with the opportunities,” Deng says.
Deng was the first hoops star to join Our Opportunity and has helped open the doors to other NBA veterans. Rose, Anthony and Josh Smith have since committed to the project. Anthony, who also invested with Deng in the Virgin Las Vegas, is the face of the investment in his hometown of Baltimore, which includes 91 units in a deal that will close this summer. “Each has deep personal, civic and social ties to the communities and is committed to leveraging their personal brands and resources to radically change the status quo in the places they call home,” Gross says.
While Deng says he is not quite ready to hang up his high-tops, he will be looking for a new contract as NBA free agency unfolds next month. He is still owed $15 million by the Los Angeles Lakers, as part of the four-year, $72 million contract he signed in 2016 (the Lakers and Deng reached a buyout agreement on the final two years of the deal in 2018). But his original side hustle has set him up for a lucrative second career. “I don’t think anyone has invested in real estate to this scale and level of sophistication while they are still an active player,” Gross says. “Most people wait until they are finished. Luol is going to hit the ground running."
Simon Mass, CEO of The Condo Store Realty Inc. is offering Leonard a multi-million dollar Toronto penthouse (for free) if he re-signs with the Raptors. “We want to do what we can to ensure that our MVP stays in Toronto where he is loved and respected for being the “best of the best” for the basketball-loving public of Toronto and Canada,” Mass said in a statement. According to Mass, Leonard will get his pick of penthouse condos at the Four Seasons, St. Regis, Ritz Carlton and Shangri-La Residences. “What better way to show our commitment to Kawhi Leonard than to ensure he can stay at one of the most coveted Hotel Residences in Toronto during his time with the Raptors?” he told Toronto Storeys.
Beloved former Memphis Grizzlies star Zach Randolph has put his East Memphis home up for sale. It has 5 bedrooms, 4 1/2 bathrooms, a pool, and an 11,000 square foot basketball court. Z-Bo bought the home in April of 2013 for just over $3 million. The house is currently listed for $3.65 million.
Antetokounmpo bought the River Hills mansion from fellow National Basketball Assocation player Mirza Teletovic, and his wife, Maja, according to state property records posted online Friday. Teletovic, a former Milwaukee Buck, retired from basketball in September because of health issues. He is now president of the Bosnian Basketball Federation. Antetokounmpo's new place, with its purchase price of $1.8 million, sounds nice. "Beyond the sweeping tree lined driveway stands a nearly new 5 bedroom, 7.5 bath custom residence," according to a listing at Realtor.com.
As Seattle finalized a plan for a Key Arena remodel with the potential to bring a men’s NBA team back to Seattle, the Bellevue estate that former Seattle Supersonics point guard Gary Payton bought in 1997 came on the market. While it’s been out of Payton’s hands since 2011, very little has changed between then and now, aside from the addition of a pool house. One relic of the NBA All-Star Team alum’s time on the property is a party pad in the main house dubbed “Payton’s Place.” First, to answer what’s likely an obvious question: Yes, the listing includes photos of Payton’s former basketball court, emblazoned with his initials on the sidelines. In fact, the well-manicured three acre grounds include a few different sports courts, plus a putting green, a pool, a hot tub, a wraparound patio, a waterfall, and lawns for relaxing after a game of one-on-one—and that’s just the outside.
The party doesn’t stop inside Payton’s Place, though—a high-ceilinged den with yet another fireplace opens to an outdoor bar and grill, lined in brick, brings it all outside, complete with a TV for outdoor viewing. Upstairs, find several bedrooms with their own amenities, including a master with a descending TV, and a second, more informal kitchen and dining area that’s still larger than many houses have. This piece of b-ball history is on the market for $6.7 million.
After 16 months on the market and price reductions down to $2.75 million, the nine-bedroom, 9,270-square-foot French Country-style mansion in Bannockburn owned by former Chicago Bulls guard Kirk Hinrich has found a buyer. Now retired after a 14-year basketball career, Hinrich, 37, lives in Sioux Falls, S.D., where he coaches at a basketball academy. Hinrich played for the Bulls from 2003 until 2010, and again from 2012 until 2016.
In Bannockburn, Hinrich paid $4.4 million in 2007 for the mansion, which was built by Orren Pickell Builders in 2005. He first listed the mansion in April 2017 for $4.499 million and cut his asking price several months later to $3.9 million. Hinrich then again reduced his asking price to $3.55 million in March, and then to $2.75 million in August. Hinrich went under contract Thursday to sell the mansion.
Fresh off inking a two-year deal with the Celtics worth $11 million, NBA center Aron Baynes has picked up a condo in the Boston suburb of Newton for $1.585 million.
Anderson, who the Grizzlies recently signed as a restricted free agent to a four-year, $37 million contract, purchased the home for $2.31 million. The home was built in 2008, when the property was owned by the late Grizzlies player Lorenzen Wright and his then-wife Sherra, who has been charged with his murder. Longtime NBA guard Monta Ellis, who had owned the massive Eads residence since 2010, sold it to Anderson. While Ellis has never played for the Grizzlies, the woman who would become his wife, Juanika, worked for the Memphis Police Department when they met, according to the Indianapolis Star.
Chris Paul has officially put Los Angeles in the rear-view mirror. The nine-time NBA All-Star, who was traded by the Clippers to the Houston Rockets last summer, has sold his mansion in a gated Calabasas community for $11.05 million. The price is the highest for a single-family home sale in Calabasas this year, real estate records show.
Paul bought the place three years ago for $8.995 million. Over the past year, he has sold others homes in Bel-Air and Woodland Hills.
Golden State Warriors head coach Steve Kerr and his wife, Margot, purchased a home in San Francisco’s Presidio Heights neighborhood for $7.35 million, according to public records. The house had been on the market with an asking price of $5.799 million.
Former NBA player and coach Paul Westphal has parted with a house in the Seaside Ranchos area of his hometown of Torrance for $1.85 million.
After roughly a year and a half on the market, a 7,700-square-foot home belonging to former NBA star Charlie Villanueva has sold for $2.25 million. The retired power forward purchased the Davie property for roughly the same amount in 2015, prior to the home’s completion the following year.
Tristan Thompson went house hunting this week without Khloe Kardashian and looked at a $2 million modern home that's move-in ready. Tristan and a bevy of realtors were spotted in Woodland Hills this week, not far from where Khloe lives, checking out an amazing 7 bedroom, 8 bath home ... and, yes, there's a basketball court in the backyard.
The place where Wilt Chamberlain famously banged a large portion of his alleged 20,000 hookups is for sale ... and can be yours for a small fee of $18.99 MILLION!! You know the story ... the NBA legend claimed the number of women he slept with was in the tens of thousands -- and the mansion that harbored his "sex room" and presumably the majority of those trysts has now hit the market.
November 29, 2022 | 9:13 pm EST Update
Then Jones addressed the status of Paul, who hasn’t played since Nov. 7 at Philadelphia where he injured the foot in the first half of a loss to the 76ers. “Chris, he’s close,” Jones said. “He’s coming back. He’ll be back. I can’t tell you he’ll be back (Wednesday). He’s been looking good and we’re still taking the long view with him. From Day 1, we’ve said that when our guys are eligible to play, when they’re available, they’re completely available. No restrictions. Nothing mentally, physically, to hold them back. So he’s getting there. And once he gets there, you’ll know.”
Brad Townsend: Kemba Walker on TNT: “I’m feeling better than I’ve felt in a very long time. I’m excited to be back. I’m happy these guys picked me up. I’m ready to get started.” . . Says he hopes to add ballhandling and leadership qualities, “good locker room guy.”
Phoenix Suns head coach Monty Williams started addressing General Manager James Jones’ promotion to president of basketball operations in a way only he can. “He’s earned it,” Williams said before Monday’s 122-117 win at Sacramento. “He’s turned the organization around however you want to put it. He can get rid of me anytime he wants to now. Probably the best way to look at it.”
Moving forward, Jones says he’ll be stepping away from more of the day-to-day whirlwind and delegating some of those responsibilities in order to focus on more big-picture objectives. For the time being, Jones is not eyeing any personnel changes like hiring a new general manger to take on some of his current duties. But he didn’t completely shut down the idea for further on down the line either. “I’m not focused on that right now,” he said. “I mean, if that happens, it happens, but for me right now, it’s getting us to the All-Star break.”
The Suns currently are atop the Western Conference. They’ve won their last five games. “This team is special,” Jones said. “There aren’t any challenges that are daunting to us. If it’s injury, if it’s external situations, external factors, it’s back-to-backs, tough one-point losses. They don’t affect our psyche. Our guys all come in, they work and they show up in big moments. So I’m proud of this team just because I know these guys and I get a chance to see them every day. They don’t get a chance to display their grit and resiliency, but they’ve been able to do it for the first 20 games and we’ve been better for it.”
Jones admitted he’s obviously keeping tabs on the latest with the ownership situation, but for now, Crowder is the pressing issue at hand. Unfortunately, little has changed over the last few weeks, as Jones said there’s “nothing new” with Crowder. “Just haven’t been able to get a deal done,” he said. “It’s the NBA, right? Timing, there are there aren’t any perfect times. Like, there’s no window where they say ‘Hey, all deals are done here.’ We have natural deadlines, like the trade deadline, where you usually have a flurry of deals, but other than that, it’s just finding the right fit, and we just haven’t been able to find that yet.”
In fact, Tucker has the highest plus/minus on the Sixers at plus-78. “The thing I’ll say with PJ, because I can feel lately that PJ’s been the whipping boy, who do you think is the highest plus/minus guy on our team?” asked coach Doc Rivers. “I think what we do is, we look at points. It’s all we focus on. We don’t focus on everything.”