Gilbert Arenas Sues Ex-Manager For $40 Million!

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via TMZ;
The man Gilbert Arenas paid to watch over his NBA fortune, ended up helping the former NBA superstar’s assistant rob him blind … according to a massive lawsuit Gilbert just filed.

Gilbert is gunning for Lester Knispel and Boulevard Management … the company he says he hired in 2006 to control his cash flow, of which he had plenty. You’ll recall, Arenas signed a $111 million contract with the Washington Wizards in 2008.

In the docs, obtained by TMZ Sports … Gilbert says Boulevard approved millions of dollars worth of wire transfers made by his former assistant John White. Arenas says the transfers — made between 2007 and 2013 — moved “large and irregular” amounts of cash from one account to another … which White controlled.

White was convicted in September for fraud related to those wire transfers — but in his suit, Arenas says Boulevard should shoulder some blame too, since he was paying them to monitor his money.

Arenas also says Boulevard grossly overcharged him — $2.25 million — for services rendered.

Boulevard’s a big deal in Hollywood … it’s also repped Shaq, the Kardashians, Rod Stewart, the Eagles, Barbra Streisand and Russell Brand.

Gilbert’s not impressed. He wants at least $40 million in damages. We’ve reached out to Boulevard Management, but no word back yet.

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