Chris Pauls leadership & mental toughness makes the contract worth it The contract is 40million That leadership and mental toughness is worth 10-12 million by itself, much like a really good NBA coach. Chris Paul the player is worth 28-30 million. So 40 mil seems right.
NBA star Chris Paul dishes Calabasas mansion for a 2018-high $11.05 million http://www.latimes.com/business/rea...paul-calabasas-home-sold-20180823-story.html# Chris Paul has officially put Los Angeles in the rear-view mirror. The nine-time NBA All-Star, who was traded by the Clippers to the Houston Rockets last summer, has sold his mansion in a gated Calabasas community for $11.05 million. The price is the highest for a single-family home sale in Calabasas this year, real estate records show. It’s also the area’s priciest transaction since 2015, when “Dancing With Wolves” producer Jim Wilson sold his 190-acre ranch for nearly $14 million. With about 10,400 square feet of living space, the Mediterranean-style mansion is more than twice the size of a regulation NBA court. Among features are a wood-paneled library/den, a golf simulator and a movie theater. The center-island kitchen is equipped with a pizza oven. A wine cellar sits off the formal dining room. Four walk-in closets and a lavish bath comprise the master suite. In all, there are six bedrooms and 10 bathrooms. The home, built in 2006, sits on close to two acres. A swimming pool and spa, a lighted tennis/sports court, a guest house, covered and uncovered patios and an outdoor kitchen make up the grounds. The 33-year-old point guard averaged 18.6 points and 7.9 assists per game for the Rockets last year, helping the team reach the Western Conference finals. In June, he agreed to a new maximum deal with Houston worth a reported $160 million over four years. Paul bought the place three years ago for $8.995 million. Over the past year, he has sold others homes in Bel-Air and Woodland Hills. Emil Hartoonian, managing partner of the Agency in Calabasas, represented the buyer. Tomer Fridman, global director of international markets for Compass, and Isadora Friedman, also with Compass, were the listing agents.
I will never understand how even a family with a couple of kids would want to live in such a big house with rooms you don’t even use. 10 bathrooms, seriously?
Yeah, its crazy. I would prefer normal mansion without too many rooms. Why it seems like he sell too many houses? What is going on? He bought a house in Houston, correct?
If I had that much money, I'd live in a castle with mote, draw bridge and all those things, and knights as my door guard. That's just me.
Valid assessment for us normal people. I think the main thing with him beyond the extended family is having places to park all of that money. So many athletes that make this kind of money get used by financial advisors and agents investing the money in so many different places. It appears he likes to invest in prime real estate and that is a pretty safe bet on appreciation and not losing it.
The CP3 signing is like refinancing your sports car with 150k miles on it; for over sticker and stretching out the payments after just paying it off; all while the car is in the shop being “fixed” and is starting to show signs of not being a daily driver any more. I understand why; just know it’s not going to age well at all. This season or bust!
It aged well for John Stockton, who was a complete monster at 33, 34, 35 & 36 AND THEN WENT ON TO BE A BEAST FOR 4 MORE SEASONS (37, 38, 39 & 40). John could fulfill an 8 year - 320 million dollar contract at the same age, so I think CP3 has got this next 4 years. That's just me.
I am not hating, I just know most people start to slow down as they age. That is why there is a lot more twenty somethings in the league then thirty somethings. I WANT him to be an all world player for as long as he is a Rocket. He is a great complement to Harden in so many ways. I am a Rocket fan that wants to win many championships just like most people on the forum but most advanced aged players don’t do that. Time tells all because nothing in life is permanent. We will see. I hope you are right.
John Stockton played at least 75 games in 17 of his 19 seasons. Chris Paul? 5 of his 13 seasons so far (only 1 of the last 5). It's like comparing Chrysler with Toyota.
Investment. He made $3 mil on that house before taxes, broker cost, etc. If you're making $25 mil+/year, it makes sense to me to invest in properties that you'll make a return on.
