Reports: Arenas Agrees to $111 Million Deal with Wizards
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And One posted 7/4/2008 from www.nba.com [flag] |
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.
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As they said on ESPN today, Arenas is no Mother Teresa by turning down $16 million, but he's still getting major bank.
Saving his team $3 milllion a year helps them sign who, a Devean George low/mid-level exception... giving up money to help the team would mean allowing the team to sign another bench player - not a bench warmer.
Still, it's a nice trend to see a player not take the full amount offered. Elton Brand is reportedly considering signing w/ the Clippers for less than market value as well.