January 6, 2009
The Count: Shaq's Miami Home Now Way More Affordable
By Noah Love
(Photo: Please buy Shaq's home. He's so mad you won't buy his home. REUTERS/Marc Serota)
10,000,000 Amount in US dollars that Shaquille O'Neal's Miami Beach estate has had slashed from its list price, according to the New York Post.
The home, which Shaq bought for $18.8-million in 2004 when he was traded from the L.A. Lakers to the Miami Heat, will now cost prospective buyers a mere $25-million.
The 19,000 property was originally built for Heat centre Rony Seikaly. Shaq had a buyer who was willing to pay $35-million in November 2007, but that deal ultimately fell through.
O'Neal was traded from the Heat to the Phoenix Suns at last year's NBA trade deadline.
[South Beach Condos Blog, which Kevin authors, was the first to publish this story on January 1. His article was picked up all around the country by major media]