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LeBron James' home in Akron, Ohio, definitely embodies the life of the rich and famous. According to an interview he did with Jimmy Kimmel, it has an ATM, a bowling alley, a barber shop, a casino and a Starbucks in it. I never knew someone could have a Starbucks in their own home, but then again, the company seems to have locations everywhere.
Since LeBron James is moving to Miami, though, he has to find a new home, and the residence that is said to have caught his eye is a $49.8 million mega-mansion, the most expensive house in Coral Gables, Fla. The home was owned, at one point, by former coach and current General Manager of the Miami Heat Pat Riley.
Life & Style Magazine is reporting that the deal is as good as done. The house was apparently taken off the market as soon as LeBron announced that he was coming to Miami, which observers say is no coincidence. The 20,800-square-foot house has a full gym, eight bedrooms, a full basketball court and a 12-camera security system, along with all the other bells and whistles you'd expect from a house that costs nearly $50 million. You can see some of the pictures below:
In light of the fact that LeBron's current contract with the Heat is worth $110 million, the home is certainly not out of his price range. Also, even though it is known that LeBron gave up roughly $30 million in order to sign with the same team as Dwayne Wade and Chris Bosh, he is likely going to make back most of this money in endorsements that come from playing for a better team in a larger market. It must feel good to be LeBron right about now!
Dr. Boyce Watkins is the founder of the Your Black World Coalition and the Athlete Liberation and Academic Reform Movement (ALARM). To have Dr. Boyce commentary delivered to your email, please click here. 
Comments: (158)
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By: dvine on 7/17/2010 4:11PM
if i had his kind of $$$ i don't know what i'd do w/it.. I'd spend it because i knw when i die i can't take it w/me.. but this is the reason why you hear so many celebrities going broke and bankrupt in their 40's..
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By: THE 13TH JUROR on 7/28/2010 1:10AM
To Dvine.....I could'nt have said any better. All of them are going broke!!!Get you a home in the gated community for millions less! 2 people living like that is just damn ridulous! I love what I see though... don't get me wrong. But people are not paying attention to ..if this happen...can this happen and when it happens! Not just him... the whites ... blacks, purple people... just all of them! What I would do with my money is travel my ass off and see what God has formed around this world. And help those that I believe fell off...that includes ..family and friends and lets not leave out the strangers!!They have to pay someone to keep the grounds up, clean it up and I see that none of THEM could their own food these days. See.... THE SKY HAVE EYES...ok!
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By: wisdom on 7/16/2010 12:28PM
James please buy a $25 million dollar house and give the other $25 million to the HBCU.
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By: aleximaq on 7/16/2010 1:12PM
How about something even cheaper than that and invest the rest in people. Like, yes, donate to some HBCUs but also create some programs to help single parents (like his) go back to school and get more education so that they can get better jobs and become better providers for their families. Help out with their housing and other needs....He came from a home that needed just that....I love LeBron on the courts, he should do something that will make us love him off the courts as well....
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By: rbp on 7/16/2010 3:14PM
How about we just work hard, earn a living, and give it all away to people so they can get better jobs. Insane. The federal government gives money away for education, food, housing, etc. No other country provides as much FREE support as the US and you want someone who has devoted his life to building his career to give it away? How bout this? You go to school, get a job, then give whatever you earn to people even lazier than you?
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By: chulaigong on 7/17/2010 6:17AM
Since LeBron James is moving to Miami, though, he has to find a new home, and the residence that is said to have caught his eye is a $49.8 million mega-mansion, the most expensive house in Coral Gables, Fla. The home was owned, at one point, by former coach and current General Manager of the Miami Heat Pat Riley.BTW,I'm a doctor,33 ,rich but still single.It's hard to get a girlfriend in my town ,most of them like my money more than like me.I just want to find my true love.so i uploaded my hot photos on millionairesocial .co m under the name of hot561.u dont have to be a millionaire,but u can meet one there. ..if you girls see this comment,i hope you will check my photos out there.maybe you are the one who i'm looking for!!!
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By: hank on 7/17/2010 7:30AM
Why don't you preach to basketball fans spending the trillions on their beloved sport about giving to others? You want Lebron to be the middle man? You just worry about yourself.
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By: shufuiop on 7/17/2010 7:34AM
Also, even though it is known that LeBron gave up roughly $30 million in order to sign with the same team as Dwayne Wade and Chris Bosh, he is likely going to make back most of this money in endorsements that come from playing for a better team in a larger market. It must feel good to be LeBron right about now!My boyfriend thinks the same with me. He is eight years older than me, lol. We met online at agelesscupi d.c om a nice and free place for younger women and older men, or older women and younger men, to interact with each other. Maybe you wanna check out or tell your friends.
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By: vdog on 7/17/2010 8:19AM
SENSELESS!!! Especially in today's real estate market. And we wonder why guys end up BROKE after making so much money. LeBron better talk to TYSON and 50 Cent before making this move!!!! This "ESTATE" is nothing but a WHITE ELEPHANT.
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By: Todd on 7/17/2010 8:56AM
It's NOT LeBron job to support other people or it is the government. Get off your butt, hard work and make yourself a better life. Stop complaining and take charge of your own life.
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