Buzzing on Yahoo Sports:

The 30th-Highest-Paid Athlete In The World Hasn't Played A Game In Two Years

Business Insider

Gilbert Arenas

Getty Images

Gilbert Arenas.

The Orlando Magic will pay Gilbert Arenas $22.3 million this season, even though he has not played for the team since the 2010-11 season.

Arenas hasn't played for any team since April 2012, and yet he is still the third-highest-paid player in the NBA and the 30th-highest-paid athlete in the world, according to ESPN the Magazine.

The Magic used the NBA's amnesty provision to waive Arenas following the 2010-11 season. That removed Arenas' salary from salary-cap and luxury-tax considerations.

However, the Magic were still responsible for the $62.4 million left on his contract.

Arenas struggled in his 49 games with the Magic, as he failed to regain his All-Star form after knee surgery. He clashed with Magic coach Stan Van Gundy and made several offensive jokes on Twitter.

The three-time All-Star played only 17 more games i n his career , with the Memphis Grizzlies, after being cut by the Magic.



More From Business Insider

Win cash prizes, pick a fantasy roster for just one day, join in minutes!

Learn how to play

Contest Entries Entry Fee Prizes Starts (EDT)
EPL $20K Nobody Loses 1884/10000 $1 $20000 Tomorrow 10:00 AM Enter
NHL $1.3K Tournament [$125 to 1st] 231/1478 $1 $1300 Today 7:00 PM Enter
NHL $1.5K Tournament [$150 to 1st] 28/341 $5 $1500 Today 7:00 PM Enter
View Comments (213)