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MIAMI, FLORIDA – MAY 21: Shaquille O’Neal looks on prior to a game between the Boston Celtics and Miami Heat at Kaseya Center on May 21, 2023 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Megan Briggs/Getty Images)
![](https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1492627129.jpg?width=600)
via Getty
MIAMI, FLORIDA – MAY 21: Shaquille O’Neal looks on prior to a game between the Boston Celtics and Miami Heat at Kaseya Center on May 21, 2023 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Megan Briggs/Getty Images)
“Before I even got myself a place I had to buy my mom a palace because we grew up in small houses. I was very, very blessed, I got a lot of money, so I just had to make sure she was straight,” said Shaquille O’Neal in an interview in 2022. Growing up in a humble household with his mother, Shaq knew he had to secure her mother a place. And now through his foundation, O’Neal is more than willing to help others.
The Clark County will donate 4.81 acres of land to the Shaquille O’Neal Foundation in the northeast region of Las Vegas. The Foundation started in 2019 to help underserved youth, primarily from Atlanta, Georgia, and the Las Vegas region with appropriate resources and opportunities. The club building is expected to cost $16 million, according to the Las Vegas Review-Journal.
However, it is unclear when the construction will start. The foundation is expected to adhere to obligations once the work is done. It also has to provide annual reports to Clark County about the available programs, highlighting the initiatives, fundraising efforts, and logistics regarding how many clients it has serviced.
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NEW YORK, NEW YORK – MAY 22: Shaquille O’Neal attends the 44th Annual Sports Emmy Awards at Frederick P. Rose Hall, Jazz at Lincoln Center on May 22, 2023 in New York City. (Photo by Arturo Holmes/Getty Images)
Polls of the day
Poll 1 of 5
Do you think Shaquille O'Neal's $16 million property purchase for a noble cause is a smart move?
Absolutely
Not sure
Waste of money
Depends on the cause
Who do you think deserves the WNBA Rookie of the Year title?
Caitlin Clark
Angel Reese
Aliyah Boston
Diamond Miller
Whats your Perspective on:
Shaq's $1.7M investment turning into $16M—Is he the smartest NBA legend off the court?
Have an interesting take?
Who had the better crossover in their prime?
Allen Iverson
AND1 Legend
Both were equally good
Neither
Do you think Bronny James deserves his first NBA paycheck this early?
Absolutely
No way
Too soon to tell
Only time will tell
In 2022, The Los Angeles Lakers legend announced ‘The Event’ to be held at MGM Grand Garden Arena in Las Vegas. It had an amazing line-up of musical artists HER, Pitbull, Maroon 5, and many more. More than 1,500 guests and 5,000 concert attendees came forward for a gourmet dinner and live auction. Over $3.1 million was raised to benefit children through the Foundation. Apart from charity, Shaquille O’Neal is also focused on his portfolio as he seems to have invested in the Texas area.
Shaquille O’Neal adds to his investments
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The Chexy Trust, which has been involved in Shaq’s real estate transactions in the past, bought a home in Rockwall County at a market value of $1.7 million. The 4670-square-foot place also includes a 500-square-foot pool house. But did you know this was O’Neal’s second purchase in Texas?
Before this investment, Shaq had already secured a property in 2022. The same trust had purchased the house in Carrollton in Collin County, Texas. That came to light thanks to realtor Zac Gideo. He posted on Instagram about helping Shaq find a new home.
What’s your perspective on:
Shaq's $1.7M investment turning into $16M—Is he the smartest NBA legend off the court?
Have an interesting take?
Even during the purchase, O’Neal was spotted in the neighborhood. He obliged his fans for pictures during his multiple stay in Dallas. “Dallas is my midway point when I have to go do business on the West Coast,” Shaq revealed why he chose Dallas in an interview last year.
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Stay tuned for more such updates, and to follow what Shaq’s ex-agent, Leonard Armato, has to say about the infamous Shaq-Kobe feud, Caitlin Clark’s Olympic snub, and more, watch this video.
Debate
Shaq's $1.7M investment turning into $16M—Is he the smartest NBA legend off the court?