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Old 03-29-2007, 10:06 AM   #1 (permalink)
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Default King James Mansion

AKRON, Ohio -- LeBron James' 35,440-square-foot house under construction in nearby Bath Township is shaping up as a castle fit for a king -- with a theater, bowling alley, casino and barber shop.

The house in a suburban location 20 miles south of Cleveland is due to be finished next year. It is being built on 5.6 acres of land purchased, along with an 11-bedroom house, in 2003 for $2.1 million.


The Cleveland Cavaliers All-Star and Akron native, whose stated goal is to be the world's first billionaire athlete, razed the house to clear the way for the new one.

A first-floor master suite, which includes a two-story walk-in closet, will be about 40 feet wide and 56 feet long -- bigger than half the houses in Bath Township.

The house has a dining hall, roughly 27 feet by 27 feet, a "great room" at 34 feet by 37 feet and a bigger, two-story "grand room," according to the Akron Beacon Journal, which reported on the blueprints.

The "family foyer" off the six-car garage near the elevator will be dwarfed by a "grand foyer" inside the front entrance with a sweeping, divided staircase leading to four second-story bedrooms. An outer wall will feature a limestone sculpture -- a bas-relief of LeBron's head, wearing his trademark headband.

The property is an oddly shaped tract wedged among lots that average 2.3 acres and houses that average 3,209 square feet. His property is 300 feet wide at the street and 677 feet deep.

The house already has begun to draw the curious.

"People who come to photograph it are disrespectful," said Tom Bader, one of nine immediate next-door neighbors. "They park their car in the middle of the street -- with their doors open! And you're sitting behind them! All I wanna do is go home after a hard day's work."

Sometimes Bader must wait to turn into his driveway because gawkers have driven up, hoping for a better view of James' place.

"As far as LeBron the man goes, I think he's an outstanding individual," said Bader, a graduate of James' alma mater, St. Vincent-St. Mary High School in Akron.

"He's great for Cleveland. I'm proud to have him. I have no issues with LeBron James at all. The problem is the baggage that he unintentionally carries with him."

Bader has discouraged his children's dream that James might have them over to shoot hoops.

"I said, `Honey, I don't think that's going to happen. Besides that, don't ever, ever invite LeBron over to our house to play ball because he's going to twist his ankle and I will have my house eternally egged.'"

While waiting for the home to be finished, James splits his time between a huge apartment in downtown Cleveland and a relatively modest four-bedroom house in Medina County west of Akron. He paid $580,000 for the house in
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Old 03-29-2007, 10:59 AM   #2 (permalink)
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Holy shit! I think he can be a billionaire. I just saw him on a TV ad for a fuckin lawnmower, he's getting so much endorsment money he's probably already worth close to $250 million right now.
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Old 03-29-2007, 11:11 AM   #3 (permalink)
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Here You Go This Will Help You And Clear It All Up With The Best Source Of Info CNN/Money Lebron Sick With It Almost As Popular As Jordan.

NEW YORK (CNN/Money) - LeBron James has got to be the only underpaid multimillionaire teenager in history.

The No. 1 draft pick in the National Basketball Association who went straight from high school to the pros started his on-court career with an impressive 25 points Wednesday night, and followed it up with 21 points in Thursday's game. But his off-court economic impact on his team and sponsors is even more stunning. Despite endorsement deals worth more than $100 million, he's likely to bring his employers far more dollars than he costs.
Both the Nike and Sprite commercials starring LeBron James joke about the hype and pressure on the young star.

The clearest winner is his team, the Cleveland Cavaliers, which filled a league-low 55 percent of its available seats last year, or 11,497 a game. It's possible the Cavs will come close to covering the first four years of his contract, worth a total $15.6 million, with incremental ticket and concession profits this year alone.

For the NBA as a whole, the Cavs are a much hotter ticket this year than at any time in memory. But any increase in Cav road game ticket sales is probably balanced by a drop in Washington Wizards ticket sales on the road due to the retirement of Michael Jordan.

Where the other NBA teams will benefit is from licensed merchandise apparel sales. James' uniforms are already the top-selling licensed apparel throughout all U.S. sports since they went on sale in mid-July. More than 425,000 jerseys have been sold, according to sporting goods sales tracker SportsScanINFO.

"We have not seen a new phenomenon hit the licensed apparel market like this before," said SportsScanINFO spokesman Neil Schwartz.

Profits from those sales are split between the league and the players' union, with the league's share being split evenly between teams. James and the Cavs see no additional money from the sales.

Despite these bargain deals, it's not necessary to have a telethon to raise money for James. He has a seven-year contract worth about $90 million with athletic shoe and apparel maker Nike (NKE: Research, Estimates). His line of shoes -- the Air Zoom Generation, costing $110 a pair -- are due in stores Dec. 20. He also has a line of personally licensed apparel from Nike, branded LJ23 for his initials and number that hits stores in early December.James gets to wear his own branded Nike apparel in his Sprite commercial


He wears one of the LJ23 shirts in the first commercial he did for Sprite, which also started airing this week. The Coca-Cola Co. (KO: Research, Estimates) brand is paying him a reported $12 million for six years.

Executives with both companies say their deals with James will be economically justified even if James does not reach Jordan's level of on-court success being projected by some.

"I definitely believe he doesn't have to win six titles for this to be a successful endorsement for us," said Ralph Greene, Nike's global director of basketball. "Obviously how it plays out, nobody knows. If he tries hard on court and continues to show the personality and sense of humor he's already shown, then I think it will be a good deal."

Experts agree, pointing out that despite the eye-popping contract total, on a per-year basis even the Nike deal is pretty affordable given the potential gain in sales.The various versions of Jordan shoes sold about $170 million a year for Nike each of the last two years, according to SportsScanINFO. Given demand for his uniforms so far, James may approach Jordan-like numbers in shoe sales. And even if he sells only half as many shoes, his contract is probably cost effective for Nike even before the apparel sales are taken into account.

"If Nike hadn't signed the deal, Reebok (RBK: Research, Estimates) would have come in to grab the share," said University of Oregon professor Paul Swangard. "This is justified just on a defensive basis."

Sprite also believes that James is the key to reaching the teen and young adult consumers it is targeting for the soft drink.

"A big part of the relationship is because of his lifestyle and his relevance to teenagers right now," said John Carroll, Coke's group director for Sprite. "It's not just the way he plays on the basketball court."

If James does not live up to his potential on court, the deals are clearly worth less to the sponsors. But Swangard thinks that the companies could see enough incremental sales in the early years of the deals to justify the cost even if James is an unexpected flop as a player.

Swangard said given James' age as well as the public's hope for his potential, "He has a couple of years to prove himself, where some athletes would have less than that. There is a halo over LeBron."
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Old 03-31-2007, 01:38 PM   #4 (permalink)
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Where are the pics???
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Old 03-31-2007, 01:39 PM   #5 (permalink)
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Who cares what he has and what he owns
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Old 03-31-2007, 01:58 PM   #6 (permalink)
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Weird thing is that he doesn't have a basketball court in that bitch...
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Old 03-31-2007, 02:18 PM   #7 (permalink)
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he needa work on his fts instead of tryna build an empire...
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Old 03-31-2007, 03:11 PM   #8 (permalink)
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bill gates got em on smash billl gates got soem crazy shit in his crib if u wan till make a sepreate thread he got heated sidewalk to melt snow dolphins in a pool theathers he can set his bath tub with the temp and fill it with water from hsi key chain from ne where
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Old 03-31-2007, 03:27 PM   #9 (permalink)
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Quote:
Originally Posted by 25toLife View Post
he needa work on his fts instead of tryna build an empire...
hahahhah lmoa...co sign aall day
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Old 03-31-2007, 05:26 PM   #10 (permalink)
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he should have $
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