James, after leaving the Cavaliers as a free agent, signed a six-year, $110 million contract with the Miami Heat.
LeBron James signing with the Miami Heat last Friday. He may soon sign to purchase a big, big home.Miami's new "Big Three" of Dwyane Wade, LeBron James and Chris Bosh have all signed contracts with the Heat for less (yes, less) than the maximum salaries.
The six-year deals are worth $107 million to Heat veteran Wade, and $110 million each to James and Bosh. James left the Cavaliers as an unrestricted free agent; Bosh left the Raptors in like manner.
Reports have indicated that James will keep his home in Bath Township, several miles from where he grew up in Akron.
James, whose contracts and endorsements now have totaled a few hundred million dollars, is looking for a home near his new workplace. Looks like he might have found one, as reported by Life and Style Magazine:
Life & Style can reveal that LeBron has started paperwork to purchase a $49.5 million 20,088- square-foot mansion at Casuarina Concourse -- the most expensive home in the Coral Gables, Fla., area!
Wonder if LeBron will trim the lawn with a push mower. Life and Style further describes the mansion, which Heat president Pat Riley once called home:
The estate faces the open waters of Biscayne Bay and is surrounded by 80 linear feet of waterfront. With three suites, all including full baths, an upstairs master suite with a full gym, a 12-camera security system, a billiards and media room, LeBron¹s new bachelor pad is equipped for party after party after party. And if his guests need to crash after a night out, a private guest suite with a tennis court and courtyard on its own acre of land is just another special feature.