NBA Rumor: Real Estate

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Bogut’s fight to build a forever family home has taken years. In March, all five councillors on the Bayside Council’s planning committee voted against giving the development a permit, against the advice of planning officers who approved it. But in October, Victoria’s Civil and Administrative Tribunal overruled the council and approved the proposal for the four-bedroom mansion with a swimming pool, gym, sauna, massage room, roof terrace and, of course, half-size basketball court.

Shaquille O'Neal sells mansion for $11 million

After more than three years on the market, Shaquille O’Neal’s Isleworth mansion has finally sold for $11 million, one of the highest prices ever paid for a home in Central Florida. A view of the front of the 31,000 square-foot-home currently owned by NBA legend Shaquille O’Neal, located at 9927 Giffin Court, in Windermere, photographed Wednesday, April 14, 2021. The lakefront house is for sale for $16.5 million and includes 12 bedrooms, 11.5 bathrooms and its own movie theater, cigar bar and an indoor regulation basketball court. (Joe Burbank/Orlando Sentinel)

Last week, Los Angeles Lakers co-owner Jesse Buss put his Los Angeles mansion on the market for about $10.9 million. According to Jennifer Beron of Compass, the exact listing price is $10.950 million. For the best part, 17-time All-Star LeBron James lives nearby. In fact, James is his neighbor. The three-story mansion has a fancy underground pool, home theater, nine bathrooms, six bedrooms and a nice gymnasium. In addition to the aforementioned features, Buss also has a wine cellar and bar. Furthermore, Buss bought the property back in 2018.

The home drew a purchase price 17% higher than it originally cost, as Fournier and his wife Laura Kebe bought the home for $2.3 million in 2016. Of course, the median home price in Central Florida’s hot housing market shot up 55% from July 2016 to July 2021, according to the Orlando Regional Realtor Association. This is the second Central Florida home Fournier sold since January. In February, he sold a 6,384-square-foot Winter Park home to fellow NBA player Courtney Lee for $3.05 million.

“I was offered the head coaching job with the Sonics in 1974. When I took the job I was a single parent and chose Mercer Island because it had the best schools in the Pacific Northwest,” Russell told the Business Journal by email. “The house was not built for me. I was actually looking at the house next door, but it was not private enough. I not only purchased this house but the two lots above me for the added privacy, and a number of years ago sold them but still maintained my privacy here at the house.”

Kevin Durant buys $15.6 million mansion in Los Angeles

Kevin Durant still has off-season love for Southern California, it would seem. Two summers ago, the perennial All-Star bounced out of his oceanfront Malibu villa, selling the $12.2 million house to “CSI” television franchise creator Anthony Zuiker. A professional move from the NBA’s Golden State Warriors to the Brooklyn Nets soon followed. But now Durant is back, and the 32-year-old holds the keys to a $15.6 million mansion in Hidden Hills, a celebrity-packed guard-gated city in L.A.’s San Fernando Valley.

Built this year by a local developer on speculation, the house was pre-sold to Durant prior to its completion, and was never on the market — so details remain exceptionally slim. But the two-story mansion is large, probably around 10,000 square feet, and was designed in the trendy modern farmhouse architectural style. Sited near the end of a quiet cul-de-sac on a 1.8-acre lot, the spacious property is a literal stone’s throw from the $17.5 million mansion of fellow NBA star Ben Simmons.

HDLC approval was required because adding a level to the First Street house would have required the removal of 62% of the home’s existing roof, and part of the addition would have been visible from the street. At a virtual hearing Wednesday, the HDLC unanimously dunked the request after expressing concern about the “precedent” it would set for other properties in the historic district, home to some of the grandest houses in New Orleans.

After selling their luxury Miami Beach, FL, condo on the exclusive Fisher Island for $16.25 million in February, the tennis great Caroline Wozniacki and the former NBA All-Star David Lee have made another move. However, the athletic couple didn’t venture too far afield. Instead, they snapped up the last unit in the same high-end building for $18.7 million. Their latest purchase in the Palazzo Del Sol is a penthouse, which spans 6,644 square feet and features four bedrooms, 4.5 bathrooms, and a rooftop oasis.

Of course, the 29-year-old Moreno Valley native is no stranger to big real estate splurges. Leonard still owns a sumptuous estate in the equestrian-oriented San Diego suburb of Rancho Santa Fe, Calif., acquired in 2019 for $13.3 million. And during basketball season, he bunks up in a $6.7 million condo at the ritzy Ritz Carlton Residences at L.A. Live, the skyscraper condo complex that sits high above the Staples Center, and where other moneyed residents include fellow pro basketballer Lonzo Ball, Lakers owner Jim Buss, and horror movie maestro Jason Blum.

Wanna live like a King? You can buy the enormous Brentwood mansion LeBron James called home … if you’re willing to drop $20 mil! The NBA superstar has listed the 9,500-square-foot estate he purchased back in 2015 — a colonial-style mansion on Rockingham Ave. And, if that street sounds familiar … it’s because of the O.J. Simpson connection. Bron’s home is actually just a few blocks from the infamous Rockingham estate where O.J. lived when Nicole Brown and Ron Goldman were murdered in 1994.

The extraordinary spaciousness of Amar’e Stoudemire’s South Florida mansion is perhaps unsurprising given that its current owner stands six foot ten inches tall. But now, someone else will have the chance to live under its soaring ceilings, because the former NBA star and six-time All-Star has put the ultraprivate 2.3-acre property on the market for $3.5 million. With doorways that measure 10 feet in height, the home appears from the outside to have several levels, but in actuality, Stoudemire sought out the property more than a decade ago specifically because it’s a single-story home. “We just wanted a nice family-style home with no stairs,” his wife Alexis told Architectural Digest in 2017. “Basically a sanctuary for us to get away from everything.’

Divac purchased the downtown digs in April 2018 for $910,000 in the middle of his tenure as the general manager of the Kings. He’s also lived in the neighboring Sacramento County town of Carmichael. In 2016, Carmichael’s Chamber of Commerce named him “Person of the Year.” His former residence in Pacific Palisades recently sold again in November, for $3,436,000. He had purchased the property in 2004 for $2.5 million and sold it in 2015 for $2,711,500.

Chris Paul sells Houston mansion

About a year and a half after the Rockets traded him away, basketball star Chris Paul has wrapped up his business in Houston, selling a modern mansion on the west side of the city. The sale price was not disclosed, but records show the All-Star point guard was itching to sell. A month after the Rockets dealt him to the Thunder, he listed the property for $8.3 million and trimmed the price three times over the next year. It was most recently offered at $7.2 million.

It’s been a great month for JaVale McGee. Just a few days after winning an NBA championship with the Lakers, the big man has sold his Encino home of five years for $2.49 million. He’ll walk away with a profit of about $70,000 compared with 2015, when he bought the Mediterranean-style retreat from Grammy-winning singer-songwriter Marc Anthony for $2.42 million. Designed for entertaining, the secluded property is tucked behind two sets of gates and centers on a three-story home of nearly 6,300 square feet. Out back, palm trees and string lights top a resort-style space with a swimming pool, spa, gazebo, shower room and cabana with a bar.
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December 7, 2021 | 2:59 am EST Update

Ben Simmons likes report of Damian Lillard wanting to play with him

Interestingly, after the rumors of Lillard wanting to play with Simmons spread like wildfire online, the Australian guard caught win of the development and showed his interest in it. While the 25-year-old didn’t directly address it, he did “like” a post on Bleacher Report Instagram discussing the news.
Goorjian hopes Simmons finds a new home to help him flourish again and stressed that the Aussie had full support from the Boomers camp moving forward. “I just hope right now he finds a team, finds a place where he’s comfortable and gets on with his career,” he said. “I said to him: ‘We’re here for you. You’ve had some situations at Philly with your teammates, with the coach, with the organisation. You come here; we’ll welcome you with open arms. I think you’re going to love the environment, it’s your call.’”
Storyline: Ben Simmons Trade?
The Nets still have championship aspirations, and the presence of Irving, who averaged 27 points, five rebounds and six assists last season, would certainly help in achieving that goal. They are still paying the seven-time All-Star for the road games he misses due to the team’s decision to not employ him as a part-time player for away contests. “From what I’ve seen, they’re still a good team without Kyrie, but they definitely need him,” former Nets guard Deron Williams recently told Bally Sports. “I hope everything gets figured out. But as far as my thoughts on Kyrie, he’s doing what’s best for him. I respect what he wants to do.”
Storyline: Coronavirus Vaccine