Gilbert Arenas spending his money the MC Hammer way

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Props Slaps
 7 years ago '04        #1
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JFamis 236 heat pts236
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$17,113 | Props total: 4589 4589
Gilbert Arenas spending his money the MC Hammer way
 

 

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It's necessary to point out, before we start pointing fingers and laughing, that the court battle between Gilbert Arenas(notes) and his former girlfriend is nothing to cackle over. There are children in the middle, and Gilbert's ex is trying to wrangle a settlement that is in the best interests of those children.

That said, wow. That's a lot of money you've spent, there, Gilbert Arenas. And even in the middle of a six-year, $111 million contract (that followed a six-year, nearly $64 million contract), there's absolutely no way Gilbert Arenas can keep up this lifestyle for much longer.

What lifestyle? According to court records obtained by the Washington Post, this lifestyle:

There's a lot about how Arenas spent his money, based on her understanding of the household finances: "he states he makes 1.5 million per month," read the notes. Arenas lavished plenty on their Great Falls home, dropping $100,000 on landscaping, $5,000 a month for housekeepers, $675 "per car" washing, and $1 million for his backyard pool and grotto. His sharks are expensive: $5,000 a month to feed them and $1,500 for a keeper to drive from Columbus to take care of them.

He was extravagant when it came to toys for the children -- ages 5, 4 and 2 -- buying a $60,000 train set and an $8,000 toy Mercedes-Benz electric car, and dropping between $30,000 and $40,000 during a shopping spree at FAO Schwartz. (Arenas also told this story on the blog, but didn't divulge the amount of money spent.)

"His sharks are expensive." Whoa, boy.

There is some debate as to whether or not Arenas, currently shooting under 40 percent from the field in Orlando while playing on a surgically reconstructed left knee, will even be able to play beyond his current contract, which expires in 2014. So this is just about it for him, and it's not a stretch to say that Arenas (though that contract is easily the league's worst) will be traded a few more times before the deal is done.

So please, Gilbert, let's refrain from building a shark-filled grotto in Orlando. And maybe look into goldfish futures, back in the District of Columbia.

Also, do right by the woman who is raising your kids. And say "hi" to the sharks for me.


[pic - click to view]

 Gilbert Arenas spends a lot of money to maintain his sharks - Ball Don't Lie - NBA* - Yahoo! Sports

66 comments for "Gilbert Arenas spending his money the MC Hammer way"

 7 years ago '05        #2
GUNIT-FINEST 
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man f**k that b**ch tell her to get a job and get your own money. now yes he should be taking care of his kids and sounds like he does if he buying them 30k and 60k toys but as far as this woman f**k her. she is a grown a.ss woman take care of yourself I just hate how just cause u marry a b**ch if u rich and she not your suppose to take care of this hoe for ever.. No u dont get a job TAKE CARE OF YOUR KIDS. stop putting all your wh0ore a.ss hope in dreams into a man. b**ch whole life is base on Gilbert giving her a check thats BS Women get way to much power when it comes to this s**t
 7 years ago '08        #3
Dunknown24 34 heat pts34
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Although the train set is quite steep (massive understatement)

I'd say the $675 he spends on car washes PER CAR is beyond ridiculous.

Who even has the nuts to say "Yea I charge 675 each playa"
And this n*gga was dumb enough to say yea
 7 years ago '05        #4
Woodwin 2 heat pts
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n*gga got sharks

wit frikkin laser beams
 7 years ago '04        #5
1nonly 15 heat pts15
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this is how athletes go broke.

you would think people would learn from all the other examples out there
 7 years ago '06        #6
ClevelandRay 
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You have to understand that when you make 111 million that $8000 is like $ to the rest of us. Yes he should control his spending and invest in businesses that will help him maintain that lifestyle but it's his life. As far as the woman, when you have kids with a woman and you make more than her you can forget about asking her to take care of herself. Whatever money is decided for child support she will be using some of that on herself too. If you think you are going to be something, use a condom and really try to know the person - how about that. She can be a wh0ore all day buit he choose her! What do you say about that?
 7 years ago '04        #7
BrBHZ 9 heat pts
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"based on her understanding of the household finances"
 7 years ago '08        #8
Andre3stacks 20 heat pts20
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thk God I dont have to see him like this in DC
 7 years ago '10        #9
WaveForLife2 37 heat pts37
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 Woodwin said:
n*gga got sharks

wit frikkin laser beams
 7 years ago '05        #10
Hold That 104 heat pts104
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If Gil never f**ked up his knee, he would have probably walked away as one of the top 5 highest paid athletes ever in the NBA..

Simply because he was chosen in the second round, and the bird rights rule wasnt implemented..

2 year rookie contract with Golden state

Then gets a 5 year 60mil deal with the Wizards

Followed by another 111mil 6 year extention..

He probably could have gotten another 4 year 55mil deal if he didn't get injured.. Thats over 200mil in his NBA career.. Damn..


Last edited by Hold That; 01-27-2011 at 03:52 PM..
 7 years ago '10        #11
Fly Elroy 321 heat pts321
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this n*gga spendin money like richard pryor in brewster's millions
 7 years ago '10        #12
Agentzer0oo0 215 heat pts215
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My n*gga Hibachi you gotta chill boi. You gonna end up like Antoine Walker smdh...
 7 years ago '04        #13
babalou 
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If dudes were being tightwads like Jason Pitts, they would be swimming in $$$ like Scrooge McDuck


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 7 years ago '07        #14
st21 1368 heat pts1368
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i've driven by house a few times. s**t is insane. that grotto is massive.
 7 years ago '04        #15
LightsOut 19 heat pts19
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 ondatpurple said:
this n*gga spendin money like richard pryor in brewster's millions
damn talk about an underrated movie!
 7 years ago '07        #16
killahkazi 15 heat pts15
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What the f**k do you do with a shark? Do you feed them squirrels that you find in your neighborhood or something? Mothaf**ka could be buying land and getting that s**t back to him.
 01-27-2011, 04:15 PM         #17
O_o 
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whatever we or I may think, at the end of the day...

"if you didn't help me make my money, don't tell me how to spend it" - wayne
 7 years ago '04        #18
$ouljaboy 1 heat pts
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Yes, he should take care of kids, but not the mother of his kids. First of all, they are not even MARRIED. He don't owe her a** nothing. Its called child support, not support the mother of your kids support. Point is: She need to get off her a** and get a J.O.B. She didn't hit game winners, practice endless hours in the gym honing her craft (unless you wanna count latching on to a man who had a future in front of him), shoot hundreds of thousands of jumpers, or play in any playoff games. Woman fought throughout the 60's for woman lib, take advantage of it BEYOUCH!


Last edited by $ouljaboy; 01-27-2011 at 04:43 PM..
 7 years ago '06        #19
beantown 74 heat pts74
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dude is a f**kup
 7 years ago '09        #20
messy marv stan 4692 heat pts4692
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arenas could just shop at walmart for his kids toys
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