Wizards will try to keep Arenas - Sports - The Washington Times, America's Newspaper

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Monday Bullets
Published 6/11/2007 at ESPN.com - True Hoop - Blog
... . He has actually been in the media a lot, which might have something to do with this reality, as reported by John N. Mitchell in the Washington Times: "Arenas, who said Saturday he will act as his own agent, already has ruled out signing a extension with the Wizards this summer that would add three years to his original deal, a six-year, $64 million contract he signed in the summer of 2003. If Arenas opts out next summer, he will be eligible to sign a maximum deal that would provide a first-year salary of between $14 million and $16 million with any team. Arenas is expected to make about $12 million next season. The Wizards, however, could trump any offer because they would be able to sign Arenas to a six-year deal. Any other team would be able to give him only a five-year contract. Arenas told The Washington Times on Saturday he was 'not opting out to leave' Washington but rathe

DEFCON 4 in Washington: Gilbert Arenas Opting Out in ‘08
Published 6/11/2007 by TheBigLead at The Big Lead