Akron, Ohio -- King James has his palace. LeBron James, the NBA's No. 1 draft pick, has bought a 12,611-square foot home with 11 bedrooms and eight full baths for $2.1 million. The home is on 5 1/2 acres in an Akron suburb, about 25 miles from Cleveland. The 18-year-old rookie for the Cleveland Cavaliers is renovating the house. He said he is living in three apartments in downtown Cleveland until the construction is completed. According to tax records, the two-story colonial-style house was purchased Oct. 28. It was built in 1977 and a $2 million addition was built in...