NFL stars are often known for spending lavishly on their homes and purchasing real estate properties. It happens to be a great medium of investment for them because it promises great returns after a couple of years. One of the prominent entities, that have engaged in such deals is Tom Brady. He owns plenty of properties across the country and has sold many of them, reaping profits around $20 million. Following a similar path, former Rams cornerback Jalen Ramsey is next on the line.
Advertisement
Ramsey is off to Miami after being traded to a new team earlier this season. He no longer needs his LA home, and hence, listed it for a whopping price. If he finds a suitable buyer, the veteran is expected to earn as much as $4 million in profits.
Jalen Ramsey lists his luxurious house for sale
With just seven years in the NFL, the former Super Bowl champion boasts a net worth of $50 million. He is one of the greatest defensive weapons on the current list of active players and thus draws a massive salary of $18 million per year. With an intention to add more zeros to his wealth accumulation, the veteran has decided to sell his LA home.
View this post on Instagram
The luxurious villa spans a large area of 10,000 square feet. It is a three-story structure that offers several luxurious amenities like six bedrooms, seven and a half bathrooms, a basketball court, a stately pool, a resort-style backyard, a custom sauna, and a special barbecue area.
It is one of the luxurious properties located near Calabasas, closely attached to nature. According to the Robb Report, the entire estate is listed for $13.995 million, which is $4.4 million more than his investment. Back in 2020, the cornerback bought this guest house for $9.5 million and refurbished it as per his needs. “If I felt like I was gonna be continuing to come to California often, then I would probably just hang on to it, honestly,” Ramsey said, expressing his love for homes.
Tom Brady once made $20 million in profits from his real estate investment
The seven-time Super Bowl champ is a genius when it comes to purchasing properties. Along with his ex-wife, Gisele Bündchen, the former quarterback once bought a property in California. It was in 2009, when the couple bought the land for $11 million and built a house by spending another $9 million. They used this residential complex for five years and later listed it for a whopping $50 million.
It was a luxurious property, having all the modern amenities. Interestingly, the popular American rapper Dr. Dre hopped into this deal and finalized the whole estate for $40 million. The trade was finalized, and eventually, the former power couple made $20 million in profits. They doubled the money in just five years and reinvested the sum later.