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Arenas Agrees to Stay With Wizards
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What Can the Wiz Get With Gil's Discount?
FanHouse — ... -- very warm, very generous for him -- does it even actually help the Wizards on the court? The surprising answer ... yes! (It's surprising because we're a cynical people.) The Washington Post's Ivan Carter reports the structure of the deal should allow the 'Zards to sign a player to the full mid-level and vet's exceptions. Had Arenas taken the max, the full mid-level would have thrust the team into luxury tax territory, which isn't going to happen. So the team can add a piece with this move. ...

Gilbert Keeps Obama-Arenas Ticket Alive
Mr. Irrelevant — ... Breaking news: We landed on the moon! Also, Gil agreed to a six-year, $111 million deal with the Wiz, which is about $16 million less than they offered him. The thinking here, I guess, is that ...

Monday Bullets
ESPN.com - TrueHoop — ... Ivan Carter of the Washington Post quotes Gilbert Arenas on agreeing to take less than the maximum: "'I looked at like this: There is nothing I can do for my family with $127 million that I can't do with $111 million,' said Arenas, who is traveling in Asia and Europe for two weeks as part of a promotional tour for a shoe company. 'I mean, college is expensive but it ain't that dang expensive.'" ...

Gilbert Arenas to play on Saturday
TheBasketballJunkie.com — ... The Wizards have three regular-season home games left after they play the Pistons on Saturday. If he plays in Cleveland, that is five games. So, in other words, he will take the Wizards for $14.5 million (Arenas' estimate for the first year of his contract) or just under $3 million per game.

Flip Saunders next Wizards coach?
TheBasketballJunkie.com — ... The challenge for Saunders (or any Wizards' coach for that matter) will be to control Gilbert "Agent Zero" Arenas, who stole $111 million from the Wizards. ...

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Reports: Arenas agrees to six-year, $111M contract to help Wizards' future
sports.espn.go.com 7/4/2008 — Gilbert Arenas is accepting less money from the Washington Wizards, invoking an attitude far, far removed from the world of his working-class fans.
Arenas Agrees to Take Around $16 Million Less
blog.washingtonpost.com 7/4/2008 — One quote from Gilbert Arenas says it all: "What can I do for my family with $127 million that I can't do with $111 million?" Arenas told me a little while ago that he has agreed to a six-year, $111 million contract. The Wiz had offered the maximum ...
Mad Ballin' : Gilbert Arenas is badder than Delta Force - literally
cmnetwork.blogspot.com 7/4/2008 — Now, in the NBA world of glory, green and groupies, Gilbert Arenas is not afraid to be seen eating alone or being open about being single, so he's got some great self-control, just how a man should be. That makes him bad, badder than a Delta Force commando, and with his new $111 million contract, Gilbert Arenas is the Baddest Rich Man on Earth, and the Richest Bad Man on Earth.
Reports: Arenas Agrees to $111 Million Deal with Wizards
nba.com 7/4/2008 — Gilbert Arenas is accepting less money from the Washington Wizards, invoking an attitude far, far removed from the world of his working-class fans. "What can I do for my family with $127 million that I can't do with $111 million?'' he told The Washington Post.
Politics, Breaking News, US and World News - "Arenas agrees to deal" by Outlet
washingtontimes.com 7/4/2008 — Wizards guard Gilbert Arenas has informed Wizards team president Ernie Grunfeld he will agree to a six-year deal worth $111 million, in his words, giving back roughly $16 million of the max, $127 million deal the team offered him Tuesday morning. ...
NBA offseason roundup: Arenas staying with Wiz?FOXSports.com News for NBA 7/4/2008
Gilbert Arenas reportedly was offered $127 million by the Wizards, but will accept only $111M. Why? Follow the latest moves here.
Reports: Arenas Agrees to $111 Million Deal with WizardsNBA.com: News 7/4/2008
Both the Washington Post and Washington Times reported Thursday that Wizards guard Gilbert Arenas agreed to re-sign with the team for for $111 million over six years.
NBA | Guards Arenas, Paul intend to stay putThe Seattle Times: Sports 7/4/2008
Two of the league's elite point guards, Gilbert Arenas of the Washington Wizards and Chris Paul of the New Orleans Hornets, will be staying...
Arenas tells paper he's agreed to $111M deal with WizardsUSATODAY.com NBA - Top Stories 7/4/2008
Gilbert Arenas is accepting less money from the Washington Wizards, invoking an attitude far, far removed from the world of ...
Happy 4thWizards Insider 7/4/2008
Not a whole lot to add to the story I wrote today on Gilbert Arenas agreeing to a six-year deal worth $111 million. One aspect I really didn't get into was how Ernie Grunfeld's strategy paid off. He came big with the max offer and really put Arenas a ...