One Of The NBA’s All-Time Worst Contracts Is Finally Coming To An End

10.31.16 1 month ago 5 Comments

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There was a time when Gilbert Arenas was arguably the most exciting player and dynamic scorer in the NBA, but those days are long gone. Instead, in recent years, the man we once lovingly referred to as Agent Zero and Hibachi has become a punchline and even a cautionary tale for high profile and extremely wealthy athletes because of his questionable, often-offensive behavior and, of course, that whole gun incident.

Sadly, Arenas is a once-in-a-generation talent whose legacy will be defined by his pathetic opinion of the WNBA, the way he rips off strip clubs, the time he trashed his ex’s Mercedes, and obviously that albatross of a contract given to him by the Washington Wizards, and later acquired by the Orlando Magic.

On Monday, that contract finally expires, as the Orlando Magic will issue Arenas one last paycheck from the original 6-year, $111 million deal (which was paid out over eight years). The Magic traded for Arenas in December of 2010, shipping the team’s similarly awful contract for Rashard Lewis to the Wizards in return. For both teams, it was a last-ditch effort to salvage some talent from these overpaid one-time scoring stars, but Hibachi’s time in Orlando would be short-lived — he spent just under a year with the Magic — and punctuated by the franchise making him the first player axed under the 2010 Collective Bargaining Agreement’s amnesty clause.

Still, there were some incredible moments in Arenas’ career that are being overshadowed by the negative aspects, and some of his former teammates still talk about him with incredible esteem.

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