Former NBA star Gilbert Arenas now claiming that he is getting that he can't even enroll his kids to a private school. Reports show that his contract with the Washington Wizards is about to expire and Arenas' current income cannot cover his kids' tuition fee.
According to a report by the TMZ, Gilbert Arenas signed an $111 million contract with the Washington Wizards back in 2008. Though the contract is for 6 years, the $111 million is payable within 8 years and is about to give the final installment this October 31st.
In the press release by the EurWeb, Gilbert Arenas is now earning for as low as $169,895 per year coming from investment income. This number shows the big difference of much Arenas earn while playing in the NBA during his stint with the Washington Wizards.
Washington Wizards’ Gilbert Arenas Reveals He Has Money, But He’s Hiding It From His Ex https://t.co/xZlH2IfqsW #GilbertArenas #NBA
— Amy Miller (@RosewoodGirlz) October 26, 2016
Because of this, Gilbert Arenas claimed that he no longer afford the $91, 600 tuition per year of his kids. Not only that, he might be facing a big problem on his pet sharks that has a maintenance cost of $1,500 per month and another $1,500 for the caretaker as the CBS Washington confirms.
Let's not forget that Gilbert Arenas laughed when told that he should feel bad as he is cashing out his NBA checks while not playing at all. As of the moment, we believe that everyone wants to ask him the same question. There is also a report that Gilbert Arenas has amazing 16 ways to spend his millions of cash back in the days where he is earning much like an NBA star though his feet is not running on the court.
Agent Zero seemed to be now getting zero at all. Gilbert Arenas was an example of the little servant who became the king in another kingdom. Drafted 31st in the second round of the NBA Draft of 2001 by the Golden State Warriors, Arenas chose to sign with the Wizards on his 3rd year in the NBA and became one of the best scoring machines with a deadly clutch shooting.
