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With LeBron’s huge contract with the Miami Heat he felt the need to splurge..and he did it big with the $50 million dollar crib he just purchased.

Take a look below!

All I can say is WOOOWWW! *as my mouth drop to the floor**. Savannah and the kids are going to have a ball in this house. Congrats!

According to reports, Lebron James who recently signed a 6-year, 110 million dollar deal with the Heat, is in the process of purchasing a $50 million dollar mansion in the Coral Gables section of Miami. The 8 bedroom/11 bathroom home was once owned by Heat coach Pat Riley and was taken off of the market shortly after Lebron’s “Decision” special aired.

According to Ozone’s estimate, mortgage payments on a property like this would likely run just under a half million dollars a month. Taxes are about $1 million per year, with an additional $150,000 for utilities. — From

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