Gilbert Arenas Agrees to $111 Million Deal With Wizards

July 4, 2008

Glibert Arenas has agreed to stay home with the NBA franchise, the Washington Wizards.  He has agreed to re-sign in a deal worth $111 million....Boston (ChattahBox) – Glibert Arenas has agreed to stay home with the NBA franchise, the Washington Wizards. He has agreed to re-sign in a deal worth $111 million.

Arenas agreed to the major $111 million, 6-year deal with the Wizards.

He is also coming out of all of this looking like a team player.

The Wizards offered him a maximum deal of $127 million on Tuesday, but he turned it down.

He decided to give back $16 million to the team so they can invest it in getting other players to help them win.

This was just a few days after the Wizards resigned Antawn Jamison to a four-year, $50 million deal

Arenas has averaged 22.8 points, 5.5 assists, and 4.2 rebounds per game in his 7-year NBA career.


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