Retired point guard is still NBA's 3rd highest paid player

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Football News

ESPN released their lists of the highest paid sportsmen in the world and the NBA section throws up an incredible fact.

The highest paid player in basketball we all know is Kobe Bryant. The Lakers legend signed that ridiculous contract last year and will earn $30.5 this year. 

Second on the list is the 'Deutsch Destroyer' Dirk Nowitzki. The future Hall of Famer rakes in $22.7 million a year with the Dallas Mavericks.

Now these two players are worth the money that they are bringing home at the moment. You can argue about if it's too much or not but these are hard to argue with.

But at number 3 is someone so completely ridiculous. He doesn't even play in the league any more and still earns $22.3 million a year from the Orlando Magic. He was last spotted in China for goodness sake, the man himself Gilbert Arenas.

Arenas hasn't played in the NBA since 2012 but thanks to some NBA by-laws the star is still raking in his mammoth $111 million, 6-year contract - which equates to around $22.3 million a year until 2016.

And the Magic are fine with paying it as well thanks to more rules that state the amnesty doesn't count to any luxury tax or salary caps. Surely they must regret that trade with the Washington Wizards for Rashard Lewis.

Arenas knows he is ridiculously overpaid as well. TMZ caught up with Arenas in Calabasas, Ca. and asked him for his reaction to a Yahoo! story that ranked his $111-million contract as the worst in NBA history.

Arenas candidly replied in typical fashion, “I’m probably up there. …No. 1. I’m No. 1? Of all time? The worst of all time….It would be. I’m not arguing that it’s not.”

We all wish we could get paid for doing completely nothing.

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