We’ve talked before about the hilarious story of Prince renting Carlos Boozer’s LA mansion. As we understood it, Boozer rented it to Prince, expecting a straightforward rental situation, or at least whatever you do when it’s a mansion.
But Prince always did things his own way.
This video does a great job of explaining the whole situation. Boozer’s realtor kept telling him that someone wanted to rent it, but he wasn’t interested.
Well, until it got up to $95,000 per month. When he found it was Prince,
he naturally thought that was pretty cool.
Until he got back home to rehab after an injury, anyway.
Prince being Prince, redid the whole mansion in purple and black, and put his famous logo on the front gate, too.
Boozer was not happy about any of this, but Prince cut him a check for $500,000 for his inconvenience and restored the house to its previous glory before his lease was up.
What we didn’t know was that since Prince had lived there, the property value went up sharply.
How much? $3.8 million, that’s how much. Add that to the $500,000 Prince gave him, and that’s $5.3 million Boozer got back after renting his pad to Prince.
No wonder he later said, “that little man is cool as hell.”
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