Disney CEO Bob Iger’s sprawling Los Angeles estate is undergoing a massive renovation amid a series of shocking layoffs from a few of ESPN’s biggest talent, The Post has learned.
About $7 million in changes were made, in keeping with The Post’s calculations.
The seven-bedroom, nine-bathroom mansion, value an estimated $33 million, was purchased by Iger and his journalist wife Willow Bay in 1995.
They bought a house for $19.5 million, which was smaller on the time and consisted of only five bedrooms.
Through the years, the 72-year-old Iger has invested thousands and thousands more in upgrading and expanding the property, which sits on over 2 acres of land.
Positioned in the distinguished Brentwood neighborhood, the essential estate occupies over 7,400 square feet.
The renovations include re-plastering the pool and adding a spa, tearing down the old stables and constructing a recent two-story stable and storage constructing instead, in keeping with development documentation obtained by The Post.
![The sprawling estate was purchased for nearly $20 million in 2005.](https://nypost.com/wp-content/uploads/sites/2/2023/06/Photo-15-Oakmont.jpeg?w=750)
![Aerial photo of the Bob Iger complex in Los Angeles.](https://nypost.com/wp-content/uploads/sites/2/2023/06/Screen-Shot-2023-06-30-at-4.31.41-PM.png?w=1024)
A ground floor living area and a recent set of stairs running up the back of the home have also been added, in addition to recent gates and a recent two-story media room with storage.
As well as, the property received a free-standing covered patio, in addition to extensions to the primary and second floors with a big deck for a further 940 square feet.
In the course of the renovation of the long-standing estate, Iger and Bay sold their luxury apartment on Latest York’s Fifth Avenue in 2018 for $18.75 million.
![Bob Iger's former New York cooperative sold for $19 million in 2018](https://nypost.com/wp-content/uploads/sites/2/2023/06/0a902e2edefcbd4c4b0c77e0c35347bb.jpeg?w=1024)
Iger, who made his triumphant return to Disney in November 2022 after briefly handing over the reins in 2020, has an estimated net value In accordance with Forbes, about $ 700 million.
Described as a sustaining “resort-like resort”, other features of the home include a two-bedroom guesthouse and lawns overlooking the ocean and city.
The master bedroom has two bathrooms, in addition to a separate office and gym.
The Post contacted Iger representatives for comment.
ESPN fired a few of its biggest stars on Friday in a purge that is predicted to incorporate around 20 on-air personalities because the network hopes to avoid wasting tens of thousands and thousands of dollars, The Post reports.
This list of dismissed sportscasters and personalities includes Jeff Van Gundy, Max Kellerman, Keyshawn Johnson, Suzy Kolber and Jalen Rose.
![Bob Iger](https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000009346072.jpg?w=1024)
![Jalen Rose was fired by ESPN.](https://nypost.com/wp-content/uploads/sites/2/2023/06/rose-1.jpg?w=1024)
Also on the list are NFL Countdown Analyst Matt Hasselbeck, NFL Project Expert Todd McShay, College Basketball Analyst LaPhonso Ellis, SportsCenter Announcer Ashley Brewer, Radio Host Jason Fitz, Host Jordan Cornette, and Baseball Author Joon Lee .
Van Gundy is thought to be top-of-the-line NBA television game analysts in history, while Johnson signed a serious contract only a yr ago.
Last week, The Post reported that the station was dropping its morning radio show featuring Kellerman, Johnson and Jay Williams.
Kellerman earns about $5 million a yr, while Johnson is within the second yr of a five-year deal value about $18 million.
Williams has a contract that expires at the tip of the summer.
![Jaff Van Gundy, here with Mark Cuban, was fired by ESPN.](https://nypost.com/wp-content/uploads/sites/2/2023/06/jvg.jpg?w=1024)
The sports network is a conglomerate of Disney and Hearst Communications.
Disney had previously had three rounds of layoffs ordered by Iger to eliminate 7,000 jobs.
“To discover additional cost savings, ESPN decided it was vital to focus cost management on public commentators’ salaries, and that process has begun,” reads an unsigned internal network memo published on Friday. “This exercise will involve a small group of layoffs within the short term and a continued concentrate on cost management as we negotiate individual contract renewals over the approaching months.
“It is vital so that you can know that these are tough decisions involving individuals who have had a huge effect on our company,” the statement continued. “They’re based more on overall performance than merit and we imagine they’ll help us meet our financial goals and ensure future growth. Out of respect for everybody involved, we don’t plan to publish a full list of names.”