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.
Storyline: Real Estate