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Did Dwight Howard Just Buy a $20 Million House in LA… with a Check?
Just six days after officially announcing that he was coming The Lakers, today there’s a rumor going around on the web that Dwight Howard just bought a $20 million house in Los Angeles. And if that wasn’t mind blowing enough, apparently he paid bought the house with a check. If the rumor is true, it kind of takes “ballin” to a wh...ole new level, doesn’t it? Also keep in mind that the Lakers are paying $19.4 million for the 2012-2013 season, so he essentially just spent his entire year’s salary on a house. I guess that means he plans on staying in LA for a while…
Howard opted for a one year contract with the Lakers as opposed to becoming a free agent because after the 2012-2013 season, he will be eligible for a five year deal worth up to $117 million. Had he signed as a free agent, he *only* would have been eligible to sign a four year $87.5 million contract. If Dwight’s plunking down this much money for Los Angeles real estate, I guess it’s a safe bet that he intends to sign that five year deal with the Lakers next year. During his first seven years in the NBA, Howard has earned just over $83 million in salary alone. When you combine the $19 million he’s earning this season and the $117 million he’ll earn for the five years after that, Dwight will have taken home $219 million playing basketball before he’s 31 years old. And we haven’t even talked about endorsement money which should bring home millions more.”
Just six days after officially announcing that he was coming The Lakers, today there’s a rumor going around on the web that Dwight Howard just bought a $20 million house in Los Angeles. And if that wasn’t mind blowing enough, apparently he paid bought the house with a check. If the rumor is true, it kind of takes “ballin” to a wh...ole new level, doesn’t it? Also keep in mind that the Lakers are paying $19.4 million for the 2012-2013 season, so he essentially just spent his entire year’s salary on a house. I guess that means he plans on staying in LA for a while…
Howard opted for a one year contract with the Lakers as opposed to becoming a free agent because after the 2012-2013 season, he will be eligible for a five year deal worth up to $117 million. Had he signed as a free agent, he *only* would have been eligible to sign a four year $87.5 million contract. If Dwight’s plunking down this much money for Los Angeles real estate, I guess it’s a safe bet that he intends to sign that five year deal with the Lakers next year. During his first seven years in the NBA, Howard has earned just over $83 million in salary alone. When you combine the $19 million he’s earning this season and the $117 million he’ll earn for the five years after that, Dwight will have taken home $219 million playing basketball before he’s 31 years old. And we haven’t even talked about endorsement money which should bring home millions more.”
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