When you are 'The King,' you need palaces all over the land apparently.

According to the Los Angeles Times and Trulia, Cavaliers superstar LeBron James has purchased a $23 million dollar estate in the Brentwood neighborhood of Los Angeles.

We're not kidding when we refer to this house as a palace. Here's what will be waiting for James in the eight-bedroom, 11-bath mansion: An indoor-outdoor gym, a theater room with a massive TV, showroom-level walk-in closets, cigar room with air-filtration system, wine cellar, a spa and a car gallery.

Speaking of gallery, we've assembled a photo gallery with pictures of the estate courtesy of Trulia.

James bought a $20 million dollar home in Brentwood two years ago.

You can expect this to fuel the 'carnival-barking' national speculation that LeBron is leaving the Wine and Gold at the end of the season to join the Lakers or the Clippers. Just understand that LeBron has business interests, entertainment commitments, and more that require him to be in LA in the offseason. So don't stress out too much.