In the NBA, players are paid for their on-court performance. However, some players see a significant amount of money from endorsements and other sources. Gilbert Arenas made too much money at one point, and Richard Jefferson has proof.
Gilbert Arenas made too damn much money, and Richard Jefferson has proof. Read more in detail here: gilbert arenas.
Gilbert Arenas’ choice of high-end cars wasn’t quite as terrible as his choice of storage places for his weapons in terms of errors. Bringing his firearms to Washington Wizards games, on the other hand, indicated that he had some kind of strategy, while purchasing a vehicle that doesn’t even speak your language indicates spontaneity.
Gilbert Arenas had a successful NBA career.
Enemies’ Gilbert Arenas during the BIG3 game between Enemies and Ghost Ballers in Birmingham, Alabama on July 6, 2019. | Getty Images/Michael Wade/Icon Sportswire
Arenas graduated from the University of Arizona in 2001 and quickly established himself as a reliable NBA scorer with the Golden State Warriors and subsequently the Washington Wizards. Arenas averaged 27.7 points per game during a three-season span starting in 2004, missing just 12 games. However, a ruptured MCL late in the third season ruined what had been a promising career.
He didn’t play much for the following two years. Then, towards the conclusion of the 2009-10 season, it was discovered that Arenas was keeping pistols in his locker at Capital One Arena, in violation of DC regulations. Following an allegation that teammate Javaris Crittenton was also in possession of firearms during a Christmas Eve brawl at the arena over a gambling debt, the NBA banned both players for the rest of the season.
Arenas had brief experiences with the Washington Wizards, Orlando Magic, and Memphis Grizzlies, but none of them worked out, and he departed the NBA following the 2011-12 season.
Arenas’ net worth isn’t as high as you would think.
After years of the NBA relying on the popularity of Magic Johnson, Larry Bird, and Michael Jordan, Arenas played at a time when wages were finally reaching their sweet spot. His rookie contract with Golden State was for $845,000 over two years, and he subsequently signed a six-year, $63.7 million deal with Washington as a restricted free agency.
In 2008, he opted out of his previous contract with the Wizards and signed a new six-year contract for $111 million.
Arenas made more than $163 million by the time he retired, according to Spotrac.com. Even after taxes, he should have been left with a large sum of money. Arenas, however, was reportedly unable to pay tuition for his children after losing money in assets handled by advisors, according to a 2016 article by Celebrity Net Worth.
Gilbert Arenas’ net worth was recently assessed to be $20 million by the website, which is still a nice sum if spent properly.
As his friend’s transportation blunder unfolded, Richard Jefferson could only chuckle.
Richard Jefferson, a college classmate who entered the NBA the same year as Arenas, paid a visit to his old friend and left with a piece of classic social media video: Arenas describing how his high-end minivan purchase went horribly wrong.
Mercedes-Maybach is a brand owned by Daimler that pays homage to Wilhelm Maybach, a German engineer who lived more than a century ago. High-end automobiles, vans, and SUVs are sold all over the globe. Arenas discovered a concept vehicle that was designed to go halfway around the globe.
Unfortunately, everything about the vehicle is in Chinese, from the driver’s handbook to the dashboard indicators.
The minivan is now undriveable, but we’re sure it looks good parked in the driveway of the retired basketball player.
Arenas reasoned in the video, “It was either be one-on-one with Chinese and not understand what they’re saying or let someone else get it.”
” Ladies and gentlemen, I’m going to be completely honest,” Jefferson said. This is the most Gilbert Arenas-like thing I’ve ever seen.”
That’s what happens when you have a lot of money and a lot of free time.
Basketball Reference provided all stats.
RELATED: Gilbert Arenas Names the Greatest NBA Scorer of All Time, and It’s Not Michael Jordan: ‘I’m also a Jordan aficionado.’
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