Gilbert Arenas Net Worth

Net Worth: 20 million

Gilbert Arenas’s Bio In Brief:

• Date of birth: January 6, 1982
• Gender: Male
• Age: 41
• Religion: Christian
• Profession: Former Professional NBA Player
• Nationality: American

Let’s get to know Gilbert Arenas first!

Gilbert Arenas is a former professional basketball player from the United States of America. As of June 2022, his net worth is roughly $20 million according to celebritynetworth. Arenas earned the nickname “Agent Zero” and “buzzer-beater” due to his last-minute shots especially when the timer hit zero. He began his career in the NBA when he was chosen by the Golden State Warriors for their 2001 NBA Draft. Since then, he had played with several teams and had gone on to become a three-time NBA All-Star (2005-2007) and won the NBA Most Improved Player Award during the 2002-2003 season. He retired from the professional scene in 2013.

What is Gilbert Arenas net worth?

Gilbert Arenas’ net worth is estimated to be roughly $20 million. Just like any other sports player, Arenas’ net worth mostly came from the contracts he signed with different teams and through different endorsements and sponsorships.

Reportedly, he was paid close to $850,000 for his contract when he was first picked by the Golden State Warriors. During the last season of his career (2013-2014), when he was with Orlando Magic, they reportedly paid him roughly $22 million.

Gilbert also earned a significant amount of money from different sponsorships and endorsements. He has a podcast of his own which is called The No Chill Podcast and used to host a daily sports show on Complex News’s YouTube channel. He had a brand deal with Adidas but this was later canceled after a gun incident in 2009.

Wonder about the sources of Gilbert Arenas net worth!

Gilbert Arenas started his career when he was picked by the Golden State Warriors for their 2001 draft. He was chosen in the second round with the 31st overall pick. His performance was well over expectations which won him the NBA Most Improved Player Award that same year.

Following the 2002-2003 season, after a brief period when Arenas had become a restricted free agent, he was signed by the Washington Wizards for a staggering $60 million, 6-year contract. During his time with the Wizards, Arenas’ performance was unstoppable. He became a three-time NBA All-Star (2005-2007), All-NBA Second Team (2007), and two-time All-NBA Third Team (2005, 2006). In 2008, Gilbert officially chose to leave the official contract with the Wizards and become a free agent again. However, he stated that he would rejoin if one of his team members, Antawn Jamison, was retained. Later on, the Wizards did retain Jamison and Gilbert was offered another $111 million, 6-year contract, which he accepted.

However, in December 2010, Gilbert’s injuries and inconsistent performance led him to be traded for Rashard Lewis from the Orlando Magic. His time with the Orlando Magic was also short-lived as they lost almost six games in the opening rounds of the playoffs that year. The following year, after the end of the 2011 NBA lockout, Gilbert was waived from the team under a newly established clause called the amnesty clause. This made Arenas a free agent again.

Arenas later went on to join two more teams, the Memphis Grizzlies (2012) and the Shanghai Sharks (2012-2013) of the Chinese Basketball Association. His performances with both teams were not as memorable as his former glory days. Finally, in 2013, only a year after signing with the Shanghai Sharks, Gilbert Arenas retired from professional basketball.

Some notable records he made during his career were:

• Career-high 60 points on December 17, 2006
• Among the 26 players in NBA to score 60 or more points in-game
• The only player in NBA history, at 24 years or younger, to have an average of 29 points, 6 assists, and 2 steals in a single season

Personal Life of Gilbert Arenas

Gilbert Arenas was born in Tampa, Florida, on January 6, 1982. He played basketball in school and later on accepted a scholarship to the University of Arizona. He played for the university team in the national championship game and after their defeat in the tournament, he announced that he would not attend school anymore and would join the NBA draft.

Gilbert Arena was married to Laura Govan, but the pair divorced in January 2015. He has four children, Aloni Arenas, Izela Arenas, Hamley Arenas, and Alijah Arenas with Laura Govan.

He is well-known for many charitable works such as The Zero 2 Hero Foundation. Gilbert set up this charity to raise funds for children in foster care, homeless people, and child welfare services. He also donated a huge sum of money to the victims of Hurricane Katrina in 2005. Moreover, he donated significant sums of money to public schools in Washington.
He runs his own podcast called The No Chill Podcast regularly.

Frequently Asked Questions

Summary

Gilbert Arenas is a former professional NBA player from the United States of America. As of June 2022, Gilbert Arenas’ net worth is estimated to be around $20 million. Arenas are mostly known for his high-scoring games and his last-minute shots, which earned him the nickname “Agent Zero”. He started his career in 2001 with the Golden State Warriors but was mostly known for his performances with the Washington Wizards. He retired in 2013.