NBA players make millions of dollars in salaries from playing professionally. If that weren?t enough, they make a heck of a lot more with brand deals, endorsements and shooting various commercials. And with the number of followers they have on social media, they also tend to become influencers. Therefore, brands pay them big money to promote their product or services. Golden State Warriors superstar Stephen Curry one of the most influential personalities in the NBA.
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However, players have other sources of income as well. As many players tend to play for different teams over the course of their careers, they end up buying multiple properties in different cities. And they often make profits selling those properties.
Stephen Curry sells one of his many properties
Even though Stephen Curry has only played for the Golden State Warriors in the league, he still has a number of properties around the city. And with the amount of money he makes, it is very natural for the veteran guard to dabble a bit in real estate as well.
Even though NBA players don?t buy real estate to make a profit out of it, it just tends to be a habit with professional athletes. And recently, Golden State Warriors superstar Stephen Curry and his wife Ayesha Curry decided to let go of one of their properties.
Steph and Ayesha ended up selling their residential property located in Redwood City. They sold it at a higher price than what they had paid for. The property is located at 528 Buena Vista Avenue.
The house is 1600 square feet and spreads around 6,800 square feet in total. It has two bathrooms and three bedrooms. Steph and Ayesha bought the house for $2.4 million in February 2021.
And the couple has sold it for $2.6 million in October 2022. According to county records, the house was bought by two trusts names, WSC & AC Trust and Ayesha Curry Trust. Stephen Curry?s full name is Wardell Stephen Curry II which matches the trust?s initials. The house was bought by a group which is led by Michael Texido, the wealth manager and managing director of the First Republican Bank.?
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However, the slim margin of profit on the property, which many would consider peanuts especially for a Bay Area property, is certainly intriguing. However, there’s no certainty that real estate prices would have gone up if the Currys had decided to wait a little longer.
Curry selling his customized mansion as well
Curry has just put up his custom-built mansion in East Bay for sale as well. The mansion is listed for a whopping $8.9 million.?
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Watch This Story – 5 free agents who once got paid more than Stephen Curry
Do you think that the Currys could’ve made a bigger profit if they had waited a while more? Let us know in the comments.