Gilbert Arenas Agrees to Six-Year $111 Million Deal
![]() |
| The Wizards re-signed star guard Gilbert Arenas Friday. (AP Images) |
In typical Gilbert Arenas fashion, the star point guard went against the grain and re-signed with the Washington Wizards for $111 million when he could've signed for $127 million elsewhere.
"What can I do for my family with $127 million that I can't do with $111 million?" Arenas told The Washington Post.
Arenas had opted out of his six-year $65 million contract and the end of last season and it seemed like his days with the Wizards were over, but he decided to stick with the promising young squad.
"It's a relief," Arenas said. "It was a burden at the same time. Your whole city is depending on you, wondering if you're going to make the right decision. I'm a franchise player and sometimes franchise players need to make franchise decisions."
Get your NBA futures in the Bodog Sportsbook!






