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Shaq starts real estate business

Thu Sep 21, 2006 6:49 am

NBA-Star Shaquille O'Neal plans a second career.

The Miami Heat Center announced the foundation of the real estates company "O'Neal Group" which plans 1.100 apartments (value 790 million Euros) in Miami together with MDM Development.

This project includes the construction of a 260 meter tower, a five star hotel and a gym. O'Neal currently has a 79 million Euro contract over three years with the defending champion Miami heat.


Taken from sport.orf.at

Link (unfortunately only in german)
click here

Thu Sep 21, 2006 10:59 am

Here's the English link: http://sports.espn.go.com/nba/news/story?id=2595088

For future reference, this goes into NBA Talk 8-)

Thu Sep 21, 2006 12:18 pm

I thought he'd start a Fast Food chain.

Thu Sep 21, 2006 2:21 pm

Pat Riley wouldn't approve.

Besides, in real estate Shaq can double what he has now in a short amount of time.

Thu Sep 21, 2006 2:37 pm

he should pull a stephon marbury, and offer each building at USD$15

Thu Sep 21, 2006 2:59 pm

Flite_23 wrote:he should pull a stephon marbury, and offer each building at USD$15


At that price the place would turn into a slum pretty quick.

Thu Sep 21, 2006 4:35 pm

not to mention that he'd go bankrupt
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