Crib on the water, got LeBron up the block

from Rick Ross (Ft. Drake & Wale) – Diced Pineapples Lyrics on Rap Genius

Meaning

This line shows how wealthy Rick Ross is, as he lives near LeBron since they both live in Miami. It continues the basketball metaphor with “shots” from the previous line, because block could also be referring to the basketball statistic:

LeBron & Ross are close, personal friends.

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