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Former NBA All-Star Gilbert Arenas Says He Spent All Rookie Salary Before Draft, Lived In The Arena As A Rookie

By on December 24, 2021 0


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Former NBA All-Star Gilbert Arenas earned an estimated salary of $ 163.4 million over his 13-year career, but he certainly hasn’t lived like a multimillionaire as a rookie. The three-time All-NBA selection said VLAD TV he spent his entire rookie salary ($ 845,000) before the draft, leaving him with a weekly budget of $ 500 for the entire 2001-02 season.

To make matters worse, Arenas had to manage that $ 500 budget in the beloved Bay Area, as the Golden State Warriors drafted him 31st overall in Arizona. Arenas said he spent his entire rookie salary – he cites a chain plus an inflated Escalade with five TVs and a suede roof as his most notable expense – because he believed he would be there. ‘one of the top 10 draft picks.

Arenas’ financial situation became so dire he had to sleep in the Warriors arena because he couldn’t afford gasoline to go back and forth away from the glamorous NBA lifestyle. which he expected.

“You’ve been playing and training your whole life to be here, and when you get here it’s a rude awakening,” Arenas said. “You are not even close to what is expected. You are not good enough. You have a two year contract, I have no money. It was not fun. I even have Then said: “I wish I could come back to college. I suffered a pay cut coming here. ‘”

While Arenas struggled in his first 30 games and became “depressed”, he ended the season strong thanks in part to his overnight stays in the arena. Arenas – who averaged 10.9 points, 1.5 steals and 3.7 assists as a rookie – said the extra time in the gym has helped him become a “professional”.

“At the start of the season I wasn’t good enough to be put on this floor,” said Arenas. “So this anger and this conduct and sitting in the gym for hours and hours and watching a movie is what got me going.”

Arenas ultimately made over $ 160 million as an NBA player, making Agent Zero closer to Agent Zeroes.