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Old 12-11-2010, 09:58 PM  
HandballJim
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Quote:
Originally Posted by xxweekxx View Post
To put in perspective, this house costs $9mil

Lebron makes $14.5mil

This would be the same as people making $100k/yr buying $80k houses, but of course we know people that make $100k/yr go and buy $300-400k houses (4x their annual salary)

Smart man spending less than 1year of income on a house
If he makes $14.5 mil, after taxes maybe 9 mil he comes home with, what about the 9 cars he is leasing, his agent fees, lawyer fees and living expenses. His suits are 15k-20k each. He has no money problems now...so he can afford it. But he fits the mold of many who announce they are broke 10 years from now.
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