Though Gilbert Arenas now plays for the Shanghai Sharks in China, he’s still getting millions from the NBA. In fact the Orlando Magic still owe him $22,346,536 for 2013 which would make him the third highest player in the league he’s no longer a part of. Well of course Arenas has no worries, so he dropped a couple million on this new home after selling his infamous shark tank house. Read more after the jump.
He bought a 5,853-square-foot casa in Encino, CA. According to TMZ:
Arenas took out a loan for $1.7 million for the digs. It’s unclear what the final sale price was, but the house was previously listed for $2.5 million … so he probably coughed up a hefty down payment. As for the crib — despite being in the Valley — it’s pretty sick. Tuscan villa design, 5 bedrooms, 4.5 baths, maids quarters, grill and BBQ … plus the pool and spa sit at the edge of a cliff, creating views to die for.
*PHOTOS IN GALLERY ABOVE*
