Chauncey Billups is settling his affairs in Oregon.
The 49-year-old Portland Path Blazers head coach — presently on depart whereas entangled in an alleged money-laundering and unlawful playing investigation — has unloaded his luxurious Oregon property, Oregon Dwell reported.
In accordance with public data obtained by the outlet, Billups listed the property earlier this fall and finally bought it in late November for $4.275 million. The house was pending on Dec. 4 earlier than formally closing.
The property, per its itemizing description, spans greater than 7,300 sq. toes and sits on practically two acres within the upscale Forest Highlands neighborhood. Billups acquired it in July 2021 for $3.9 million by way of an LLC related to him, simply after taking the Path Blazers job. The residence, inbuilt 2002, is a gated, classic-style property with sprawling indoor-outdoor residing areas, customized finishes all through, and a high-end connoisseur kitchen. It features a main-level main suite, a number of further bed room suites, and a decrease stage designed for entertaining — full with a house theater, health club, wine storage, and a full secondary kitchenette.
This newest growth comes weeks after Billups was arrested on the residence in October in reference to what authorities describe as a multi-state mafia-backed playing and money-laundering ring. Prosecutors allege he performed a task in facilitating monetary transactions tied to the operation. Billups has maintained by way of his representatives that he has no prison involvement.
He was positioned on unpaid depart following his arrest. Assistant Coach Scott Brooks was named appearing head coach in his absence.
Billups later pleaded not responsible in a Brooklyn federal court docket. His authorized workforce has mentioned he intends to combat the allegations “with the identical tenacity that marked his 28-year profession.”
