16 Ridiculous Ways Former NBA Star Gilbert Arenas Spends His Money

[Sam Peel]

Former NBA player Gilbert Arenas is living a lavish lifestyle as he continues to get paid even though he hasn't played an NBA game since 2012.

With reoccurring injuries and off-the-court-issues stemming from a felony gun charge, Arenas has been out since 2012. He played with the Shanghai Sharks of the Chinese Basketball Association last season.

Arenas signed a six-year, $111 million deal with the Wizards in 2008. He was traded to the Orlando Magic in 2010.

Arenas says the Magic still owes him $38 million. His contract with the Magic was ranked the "Worst NBA Contracts Of The 21st Century" by Yahoo Sports.

Thanks to his contract though he doesn't need work while he's out of the NBA and he's still spending money like crazy

He spent $100,000 to landscape his $3.5 million mansion.

He takes his car to a $675 car wash.

He spends $5,000 a month for housekeeping on his seven-bedroom, 10-bathroom home.

He has a fancy grotto next to his backyard pool complete with a bar, hot tub, and of course a water slide.

He paid $8,000 for a Mercedes-Benz electric toy car.

He has his own personal shark tank. It costs $5,000 each month to feed his sharks and an additional $1,500 for someone to take care of them.

He spends $600 on groceries every week.

 

[Sam Peel]

He also bought a $60,000 train set for his kids and hired someone from FAO Schwarz to set it up.

He's always ready for a night of gambling, carrying wads of $20,000 in five dollar bills to make things easier at the casino.

Which in turn has led to wads of 100 dollar bills on a typical night of gambling.

He takes great pride in his personal shoe collection of over 2,000 pairs of shoes in his closet.

Which doesn't include the shoes he wore in the 2010 season worth $7,730 that he gave all away in a contest.

He's known for showering his friends in cash too. The lucky recipient here is former teammate Nick Young.

He bought a Hyperbaric chamber to absorb the oxygen in his home so it would be the same altitude as the Rocky Mountains because he thought it would improve his conditioning.

 

[Ohene]

 

[ThugLife]

I expected more ridiculousness



Edit: $60k train set

 

[Hater]

Gilly just having fun out there

 

[ZEupTWN]

dude stacked up on real estate in northern va and pg county on top of the free money

 

[MoneyTron]

There's people with a lot less money spending cash doing much more ridiculous things.

 

[Kings County]

He bought a Hyperbaric chamber to absorb the oxygen in his home so it would be the same altitude as the Rocky Mountains because he thought it would improve his conditioning.

 

[kash10003]

can he buy himself a new knee?

 

[Akata Man Bromo]

 

[PortCityProphet]

dope house aint mad at it if it's paid for. but the shark tanks and having someone put together a train set and that car wash
a fool and his money breh...a fool and his money

 

[mozichrome]

that picture of nick young

 

[jaguar paw]

I was expecting worse.

 

[Golayitdown]

Some crazy shyt on there but it's fairly conservative if the more ridiculous stuff (landscaping, train set, gambling ) isn't an every day thing

 

[Lucky_Lefty]

It's his money soooooooo