Gilbert Arenas Took Less Money, Remains a Wizard

by Marcel Mutoni

Agent Zero is a man of his word. He asked the Washington Wizards to take care of his teammate Antawn Jamison (they did), and in turn, he’d remain with the team. That’s exactly what happened.

Gilbert Arenas took less money than expected (about $16 million less than the Wiz were offering), and has agreed to a six-year extension. Naturally, he was quick to underscore that he took less money for the good of the franchise.

“[The Wizards] offered me the max, and I’m basically giving back $16 million,” Arenas said. “This is in line with what I’ve been saying the whole time. You see players take max deals, and they financially bind their teams. I don’t wanna be one of those players, and three years down the road your team is strapped and can’t do anything about it.

“What can I do for my family with $127 million that I can’t do with $111 million?” he added.

The Wizards have re-signed their major pieces (and even saved a little money in the process!), and now, the prayers for their health begin anew.