Gilbert Arenas Likes NBA Checks For Not Playing (Video)

Even Gilbert Arenas admits his contract might be one of the worst of all-time, a six-year, $111 million he signed in July 2008 that he’s still getting paid for.

Gilbert Arenas has played as many NBA minutes in the last two seasons as I have. He will again match my minutes total this season.

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But there is a key difference between the two of us. Only one of us is getting paid $22.3 million for the 2014-15 season (and you can bet your sweet a … ahem … you can bet it’s not me).

This is the final season of the six-year, $111 million contract Arenas signed with the Washington Wizards in 2008. So he’s due another $22.3 million for this season.

This makes Gilbert happy. Very, very happy. And he likes to share that happy with the rest of us, just so we can all feel happy with him. Or imagine ways to inflict mortal wounds with a paper clip—one or the other.

For the record, Arenas last played in an NBA game on May 13, 2012, when he had zero points in 2:50 of burn in Game 7 of the Memphis Grizzlies’ 82-72 loss to the Los Angeles Clippers in the first round of the playoffs.

But he’s been gettin’ paid like a playa, to be sure.

The Orlando Magic used the amnesty clause to free Arenas’ remaining $62 million from their salary cap after the lockout ended in 2011.

Under the clause, the team no longer takes the cap hit, but the player still gets all of the simoleons.

Arenas played the 2012-13 season with the Shanghai Sharks in the Chinese Basketball Association, but hasn’t played since.

Of course, it’s possible Gilbert may have to get a real job next year, once the NBA money stops coming in–unless he’s reeled in his spending since a report in Business Insider a little more than a year ago.

Even Gilbert Arenas admits his contract might be one of the worst of all-time, a six-year, $111 million he signed in July 2008 that he’s still getting paid for.

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