Gilbert Arenas: ‘I’ll Take the Pay Cut’

by March 31, 2008

by Marcel Mutoni

Since Washington’s team doctors won’t allow him to make any noise on the basketball court, Gilbert Arenas, as he is wont to do, is making plenty of it off the floor.

The latest from Arenas is that, while he still plans to opt out of his current deal this summer and (supposedly) ask for a max deal, he’s willing to accept a pay cut so that teammate Antawn Jamison gets taken care of.

“Just sign Antawn first, and I’ll take the pay cut,” Arenas said. “That way, we can keep the team intact. I want him to be a done deal first, then I’ll go after that.”

This might be one of [Jamison’s] last contracts, and hopefully I’ll get another one. At the end of the day, if I don’t, I know I did the right thing.”

Jamsion, 31, is making $16 mil this season and is reportedly looking for a deal that would pay him somewhere in the neighborhood of $10 mil in its first year.

Arenas’s reputation among the basketball-viewing public – perhaps deservedly to some extent – has taken a hit this season as some fans have been turned off by his attention-seeking ways. If he’s serious about this whole pay cut business, and with Gilbert you never really know, it could be the first step towards repairing his once-sterling image.