The Economic Times

In 2013, Lakers coach Mike DAntoni bought an ocean-view California home for $6.9 million; two years later, he sold it for $9.5 million

Mike D'Antoni, the former Los Angeles Lakers coach, bought a home in Manhattan Beach for $6.9 million. He sold this property two years later for $9.5 million, earning nearly $2.6 million in profit. The housing market during this time was steadily growing, though D'Antoni's home appreciated at a much higher rate. Coastal areas like Manhattan Beach have seen increased demand from cash buyers for luxury real estate.