Los Angeles Lakers shooting guard Kobe Bryant got another setback aside from suffering a season-ending elbow injury after he was forced to lower the price of his Newport Coast mansion by almost $1M, according to Los Angeles Times.
Bryant, who is undergoing a third surgery in three years after tearing his rotator cuff in his right shoulder, has reportedly brought down the price of his pad from $7.599M to $6.995M. It was the second time Bryant had to adjust the price of his house as it was originally put for sale at $8.99M in 2013.
Los Angeles Times writer Neil J. Leitterg provided an insiders' look on the Black Mamba's mansion which was originally sold at $1.7M in 1997.
"Recently renovated and expanded, the Mediterranean-style home sits behind a gated entry on about half an acre with unobstructed city and ocean views. Clad in walnut hardwoods, limestone and ornate finishes, the two-story floor plan has a chef's kitchen, large formal areas, four bedrooms and 5.5 bathrooms in 8,741 square feet.
Among highlights is an 850-square-foot gym, a hair salon and a movie theater complete with a lobby, tiered seating and a wet bar. A wood-paneled office/library features a custom shark tank.
Outdoors, landscaped grounds center on a pool and spa with waterfall features. A fire pit and an outdoor kitchen complete the resort-like setting."
Bryant might have suffered a significant blow in his real estate venture, but his business empire continues to grow tremendously. The Lakers superstar hammered an extension deal with the City of Newport Beach to let the headquarters of his office continue leasing a block at 1499 Monrovia Ave. up to 2032.
Kobe Inc. has reportedly has put in a major investment in sports drink Body Armor, which features Houston Rockets All-Star James Harden, Seattle Seahawks cornerback Richard Sherman, Indianapolis Colts quarterback Andrew Luck and MLB MVP Mike Trout as its endorsers.
