LeBron Sells L.A. Mansion At A Loss LeBron James is nearly as famous for his business ventures as he is for his basketball skills – but he might not have much of a future in real estate. King James just sold off one of his L.A. mansions for $19.6 million. That sounds like a lot – except the Lakers star paid $21 million for it back in 2015. That means LeBron took a $1.4 million loss on the deal. Of course, James makes roughly $41 million a year on his current contract, so he’ll still be able to buy groceries. Which pro athlete do you think is the smartest businessman?