Shaquille O’neal is living in Emmitt Smith’s old Phoenix area crib so he has no need for his South Beach estate. The home has been on the market for nearly a year with no takers, forcing Shaq to lower the price tag.

At least the drops in price allow Shaq to add The Big Slasher to his list of nicknames for himself. The home was built by Rony Seikaly in 1992, and Shaquille paid nearly $19 million for it in 2004. O’Neal thought he had sold the home last November, but New York Yankee Alex Rodriguez walked on the deal. If and when Shaq sells the place he’ll have to change the line about Diddy livin next to him in his Kobe Bryant diss.

Shaquille O’Neal, South Beach, home for sale

The sale price for the 28,000-square-foot estate at 3385 Old Keystone Road had been listed at $19.9 million. The facilities, built in 2003, include a swimming pool and spa, a guest house and private tennis courts. The home has three floors and includes a game room, cigar room, theater, sauna room, cabana room and library.The home was to come furnished, according to the lawsuit. Its master bedroom, for example, had a council table, a sofa, a coffee table, four chairs, three end tables, a sofa bench and a bed. Its game room had two pool tables, three pub tables and 30 leather bar stools.

Matt Geiger has decided to lower the price of the property to $16.9 million, but it comes unfurnished so you won’t inherit any of Geiger’s furniture.

Matt Geiger is a real estate investor in his post basketball life, but I don’t think he’s pulling down the kind of money to live in a $16-$21 million crib. This is Matt Geiger not Shaq. His biggest contract in the NBA was a six year $48 million dollar deal he signed with Philadelphia, but never finished due to knee problems. Even if he got all of the money, taxes and various expenses ate up over half of it. Since Matt’s older now and doesn’t feel the need to impress people with the size of his toys, downsizing seems like a good idea.

Matt Geiger, NBA, mansion, lawsuit

After failing to sell his condo, which was listed at $16.5mil, Tom Brady has decided to lease it out. According to reports, Tom has rented the 2,910 square foot unit in New York’s Time Warner building to a financier for 60 grand a month. Brady put the house on the market 3 mos. after buying it for $14mil, and it is expected to go back on the market next year.

Not to be outdone, Doug Flutie got into the real estate game. He picked up a new house for $2.1mil in Melbourne Beach, Florida. It’s his childhood hometown, and the house is rumored to look something like this.

Tom Brady pulls his Time Warner unit off the market, reportedly rents it out for half-year at $60k/month. Courtesy of Berg Properties.com

Doug Flutie Buys a House in His Childhood Town. Courtesy of The Wall Street Journal

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