Gilbert Arenas’ Net Worth (Updated 2021)

Early Life 

Gilbert Jay Arenas Jr. was born on the 6th of January, 1982, in Tampa, Florida.

Arenas were raised in the San Fernando Valley section of Los Angeles, where he played basketball. 

Arenas played basketball at the University of Arizona. One of his teammates, Richard Jefferson, would later join him in entering the 2001 NBA draft. In 2001, Arenas’s sophomore year, he helped lead Arizona to the national championship game. 

Career 

Gilbert was picked 31st overall by the Golden State Warriors during the 2001 NBA Draft.

He made a strong impact winning the NBA Most Improved Player Award during the 2002-2003 season.

He became a free agent and was signed by the Washington Wizards. During his time with the Wizards, Gilbert became known for his steals and strong technical abilities. He was also known for his late-game “buzzer-beater” shots. 

In 2008, he signed a new, six-year contract with the Wizards worth $111 million. However, his time with the Wizards would last just one more year before his firearms incident. 

He earned $160 million in salary plus tens of millions more from endorsements. Gilbert has endorsed a number of brands over the course of his career, but his most notable partnership is perhaps Adidas. 

Arenas later dropped his own line of Adidas TS Lightswitch shoes. However, his partnership with Adidas came to an end after his 2009 gun incident.

As of 2021, Gilbert Arenas’ net worth is estimated to be roughly $20 million. 

How Does Gilbert Arenas Spend His Money?

Gilbert Arenas’ owns a beautiful home in Encino. 

Gilbert Arenas’ 

Arenas own a $3.1 million home in Encino.  

Highlights

Here are some of the best highlights of Gilbert Arenas’ career:

• First-team All-Pac-10 (2001)
• 3× NBA All-Star (2005–2007)
• 2× All-NBA Third Team (2005, 2006)
• All-NBA Second Team (2007)

Favorite Quotes from Gilbert Arenas 

“When I hear about people murdering, I wonder, ‘What has to go through your brain to say, I don’t want him breathing anymore? What makes you get that angry? How can you take someone’s breath away? That blows my mind.’” – Gilbert Arenas

“Everyone is gonna have a bad day, everyone is gonna have a bad game. The questions are: How do you recover? What builds your character? I decided one day early on in high school that I wanted to be great at basketball, not just a good basketball player.” – Gilbert Arenas

“The thing that happened in Washington — it happened. All you can do is grow from it. That took a toll on me. That was probably — I think if I could’ve bounced mentally out of that situation faster than I did, I would probably still be in the NBA. But since I couldn’t understand why they were trying to treat me like that, I basically gave up. I didn’t want to be a part of it anymore.” – Gilbert Arenas

“When I leave the NBA, I don’t want my legacy to be, ‘He won a championship ring.’ I want my legacy to say: ‘He played for the people. He gave everybody in the world hope that they can be just like him.” – Gilbert Arenas

“If you take away the last few years, from my last year in Washington, and you think about my career, there was nothing but hard work. I was in the gym three or four times a day, working on my skills. If we lost a game, and I thought I played bad, I’m staying in the gym to keep shooting. That’s what I did. That’s what I was known for: I was a gym rat.” – Gilbert Arenas

3 Inspirational Lessons from Gilbert Arenas 

Now that you know all about Gilbert Arenas’ net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:

1. Trespassing 

We’re humans. We live on land. Sharks live in water. So if you’re swimming in the water and a shark bites you, that’s called trespassing.

2. Concepts 

If you have a defensive concept, you’re going to play defense. If you don’t have a defensive concept, and you have an offensive concept. 

3. Execute 

Arenas know that if he and his team play their game and execute they will succeed.

Summary 

Gilbert Arenas is an American former professional basketball player.

Arenas are best known for his seasons with the Washington Wizards, although he initially started his NBA career with the Golden State Warriors. He is known as “Agent Zero”. His name is also a reference to his late-game shots. 

As of 2021, Gilbert Arenas’ net worth is estimated to be roughly $20 million. 

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