Truth & Rumors > NBA

Why Mohammed's only renting in Chicago

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07:13 AM ET 08.22 | Just this past week, Chicago's Nazr Mohammed and his wife moved from a rental house in Lake Forest to an apartment downtown. With 16 seasons in the NBA and this year's $1.4 million contract, Mohammed could afford to buy a house, but at the moment, he's a committed renter. ... "We're renting because I've bought houses twice, and both times I got burned. The first time I bought was in Atlanta in about 2002. ... My financial adviser told me it wasn't the best thing to do considering in my profession you never know how long you're going to be in one place. But I didn't listen. I bought a townhouse -- 3,500 square feet, three bedrooms -- for under $500,000. [After I left Atlanta in 2004], it took a long time to get sold, and we eventually lost about fifty grand on it.

ChicagoMag.com

Nazr Mohammed, Icon Sports Nazr Mohammed, Icon Sports
Comment #1 has been removed
August 22, 2013  07:57 AM ET

50K is chump change to these guys.

August 22, 2013  08:03 AM ET

Foreclosed properties in the south side is available for chump change, bro!

August 22, 2013  08:08 AM ET

*are available*

August 22, 2013  08:27 AM ET

Thanks for the online grammar check bro.
The Raiders suck more that this site?

August 22, 2013  08:27 AM ET

*than*

August 22, 2013  08:38 AM ET

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August 22, 2013  08:38 AM ET

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This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

 
August 22, 2013  08:38 AM ET

Spelling sucks! But grammar checking not so much!







This site still sucks!

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