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Gilbert Arenas My $111 Mil NBA Contract Is Up ... I Can't Afford Private School

10/24/2016 1:00 AM PDT BY TMZ STAFF

1021-gilbert-arenas-tmzGilbert Arenas' infamous $111 MILLION contract with the Washington Wizards is finally about to expire ... and Gilbert says he will be so poor, he won't be able to afford private school for his kids. 

Gilbert signed the 6-year guaranteed contract back in 2008 -- but according to new court filings in his family law case, obtained by TMZ Sports, Arenas will get his last installment on October 31st (the contract was paid out over 8 years).

It was good while it lasted ... and Gilbert knew it when he spoke to our photog about the contract in 2013.

The problem, Arenas says ... is now that he's no longer getting NBA checks, he'll only earn $169,895 per year in investment income ... not enough to live the BALLER lifestyle he's used to. 

So, Arenas says he has to make some serious cuts -- and one of the items on the chopping block is the private school where he sends his kids ... which runs $91,600 per year. 

"I anticipate that the children will need to transfer to public schools in 2017 and beyond."

For the record, Arenas reportedly made more than $160 MILLION during his NBA career ... not including tens of millions in endorsements.

Blac Chyna Baby's Going Home to Her House ... So Will Rob, For Now

10/24/2016 12:50 AM PDT BY TMZ STAFF

1021-blac-chyna-rob-kardashian-getty-tmz-02Blac Chyna and Rob Kardashian still have separate living arrangements -- and that won't change before their baby arrives -- but they've got a co-parenting plan in place ... TMZ has learned.

Our sources say Chyna's house is going to be home base when the baby girl is born next month, but Rob's not dodging diaper duty. We're told he and Chyna are getting along well right now, and he's been staying at her house for a few weeks.

The plan is to share parental duties at Chyna's nest, but Rob isn't selling his Calabasas home just yet. Fact is ... their relationship is volatile and when things go south, Rob retreats to his place, we're told.

But for now the plan is to be one happy family under one roof, and ultimately find a new house. Rob had been looking, but didn't find anything.

We're told they'll start looking together after the the baby's born and things settle down.


Kim Kardashian on '60 Minutes' Question My Talent? Just Check My Bank Account

10/23/2016 5:57 PM PDT BY TMZ STAFF

Kim Kardashian had a good comeback to the question, "What's your talent?"  It involves a ridiculous amount of money.

Kim was featured on '60 Minutes' Sunday on a segment about social media, to which she attributes her success.  What's the matter Kim ... you forgot the good ol' days?

The segment was shot before the robbery, so her answer on the negative side of fame may have changed a bit.

'AGT' Winner 'I Don't Know My Name' ... But I Know I Got Sweet Bonuses

10/24/2016 12:40 AM PDT BY TMZ STAFF

1014-grace-vanderwaal-youtube-gettyGrace VanderWaal didn't just get $1 million for winning "America's Got Talent" ... she also nailed down an extra $100 grand, and a slew of possible bonuses.

The 12-year-old 'AGT' winner from this past summer is set to receive the $100k advance for her 1st album, and then an additional $100k if the record pushes more than 500,000 units in its first year.

According to her contract, Grace is eligible for up to 4 renewals of her deal with Simon Cowell's record label, SYCO -- and each one comes with another $100k.

She rode her original tune, "I Don't Know My Name" all the way to the 'AGT' crown, and if she's got a few more hits up her sleeve ... the kid's set for life.

Jeff Timmons 'Men of the Strip' is Back We're Coming for You, Channing!

10/24/2016 12:35 AM PDT BY TMZ STAFF

1018-jeff-timmons-channing-tatum-getty-01Jeff Timmons will challenge Channing Tatum for the title ... hottest male strippers in Sin City.

We're told Jeff locked down a deal to relaunch "Men of the Strip" in March ... which will become a TV show on a new network that encourages him to push the boundaries of stripping.

You'll recall ... "Men of the Strip" originally ran as a docusoap for E! back in 2014.

Jeff's place of residency will be the Stratosphere Hotel in Vegas, which is just up the road from the Hard Rock Hotel & Casino ... where Channing's premiering "Magic Mike Live" at the very same time.

Jeff will host for 6 weeks, with various celeb guests.

We're guessing the ladies of Vegas won't mind the competition ... not at all.

Janis Joplin $100k Good Enough For 'Bobby McGee' Guitar

10/24/2016 12:30 AM PDT BY TMZ STAFF

1020_Janis-Joplin_guitar_Heritage-AuctionsThe six string Janis Joplin used to record her signature song is expected to go for six figures on the auction block.

It's a 1969 Gibson Hummingbird acoustic and Janis played it while recording "Me and Bobby McGee." After Janis died in 1970, it was given to her old bandmate, Sam Andrew. Andrew died last year, and now his wife is auctioning it off through Heritage Auctions.

Heritage says the guitar is a big deal because Janis memorabilia is very hard to come by ... hence the $100,000 price tag, at least.

Don't worry ... for that kinda money you get some extras ... like the doily Janis used to clean the guitar. Doilies, nothing screams rock 'n' roll like legendary doilies.

The auction runs through November 12.

In other news...

Selma Blair Explains Her TERRIFYING Total Psychotic Blackout

Selma Blair just got REALLY candid about her “very destructive” psychotic meltdown during which she mixed alcohol and pills and suffered DEVASTATING consequences


Models Yasmine Staub & Lauren Carter Tide-Tangled and Wet

10/24/2016 12:25 AM PDT BY TMZ STAFF

1021_Yasmine-Staub-and-Lauren-Carter-Summer-of-Love-modeling-launchModels Yasmine Staub and Lauren Carter are finally covering up after getting their last lingerie spread 86'd from Facebook.

Yasmine and Lauren own the lingerie and swimwear brand The Summer of Love, so their pics can get racy. TMZ crashed their recent Malibu photo shoot, which did not disappoint.

While our photog managed not to get wet, we can't say the same thing for Yasmine and Lauren who got tangled up with the tide ... and each other.

Jeff Bridges Hold the Kahlua and Cream for My Russians, Dude

10/24/2016 12:15 AM PDT BY TMZ STAFF

Jeff Bridges walks into a bar and orders a White Russian, minus the cream and Kahlua ... according to The Dude himself.

We got Jeff in NYC and asked if people try to drink the famous cocktail from the "The Big Lebowski" with him ... sounds like they do. But Jeff seems to like his Russians clear.

Turns out he's also still a fan of a good cigar, and now that the embargo on Cuban goods is lifted ... The Dude might abide.

Guess Who This Tiny Little Tot Turned Into!

10/24/2016 12:05 AM PDT BY TMZ STAFF

cute_tot_launchBefore this cheeky child was bouncing his way onto national television, he was just another cute kid growing up in Salt Lake City, Utah. Can you guess who he is?

In other news...

Farrah Abraham FLIPS OUT & FIRES Her Employee & It's ALL Caught On Camera

BRUTAL! Farrah totally went off on an employee, and the video footage is basically any employed person's nightmare


Mariah Carey I Still Got Tricks Up My Sleeve

10/23/2016 9:56 AM PDT BY TMZ STAFF

1023-launch-mariah-carey-halloween-party-gettyMariah Carey went retro for her big Halloween bash ... she was squired by her ex and left her fiance at home.

Nick Cannon was front and center with the twins, along with a ton of celebs ... including Master P, Floyd Mayweather, and Tiny Harris.

As for James Packer ... we're told Halloween parties just aren't his jam.

Khloe and Lamar Divorce Settlement a Done Deal

10/23/2016 1:00 AM PDT BY TMZ STAFF

1021-khloe-kardashian-lamar-odom-tmz-02Khloe Kardashian and Lamar Odom have officially signed off on their divorce, and all that's left is a judge's John Hancock ... TMZ has learned.

Khloe and Lamar have reached a property settlement and each has now signed legal docs that were filed Friday.  

It's been an on-again/off-again process. TMZ broke the story, Khloe first filed for divorce in December 2013, but the divorce stagnated for almost 2 years while Khloe went back and forth, trying at times to save their relationship and save Lamar.

After Lamar ODd and almost died a year ago, Khloe dropped the divorce, but refiled this year after it became apparent to her Lamar would not swear off drugs and alcohol.  

Under California law, she has to wait 6 months from the time of filing to get a sign off from the judge, which won't happen until December.

But unless something radical happens, they will be single before the end of the year.


In other news...

Britney Spears' Terrifying Battle With The PLAGUE?!

Uhhhh this is... HORRIFYING!


Scottie Pippen Worst 'Take Me Out to the Ball Game' EVER!!! Hilarious Video!

10/23/2016 6:59 AM PDT BY TMZ STAFF

Scottie Pippen butchered "Take Me Out to the Ball Game" in fantastic style Saturday night during the Cubs game.

Someone clearly without a clue handed Scottie the mic during the 7th inning stretch, and what happens next is just amazing.

P.S. ... the Cubs won.

Steph Curry Calls on French Montana for Sneaker Launch

10/23/2016 3:14 PM PDT BY TMZ STAFF

Steph Curry knows a good product needs a good hype man ... so he tapped French Montana to pump up the crowd for the launch of his new kicks.

It went down at Pier 35 in San Francisco on Saturday night for Curry's new Under Armour sneakers ...  he surprised the crowd by bringing out the rapper.

Curry even threw down some dance moves ... in case you thought he didn't have any.


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