Truth & Rumors > NBA
Arenas opts out, tests market
Gilbert Arenas said he opted out of the final year of his contract with the Washington Wizards by filing the necessary paperwork with the league office Friday. The move makes Arenas, who was scheduled to earn $12.8 million next season, an unrestricted free agent. Teams will be able to negotiate with free agents July 1. Wizards President Ernie Grunfeld has repeatedly stated that the team plans to re-sign Arenas and all-star forward Antawn Jamison, who will also be an unrestricted free agent. Arenas has said that he will seek a maximum-level long-term contract, one that could cover up to six years and be worth more than $120 million. However, Arenas has also said that he would be willing to take less if it helps the team retain Jamison and make other moves to improve.
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Kayla Oberg
Esti Ginzberg



Comments (83) Add A Comment
he could play backcourt wit wade
Heat Fan
Total Comments (301)
draft beasley get arenas
arenas
wade
beasley
marion
blount
Heat Fan
Total Comments (301)
do think they have the no. 1 pick that you are sure that they can get beasley??? think of it dumbo! and remember that marions contract is at 17million this season, wade is at 15million mac may maybe for this season... and blount is at 8million... and who else have more dollars? and do you think miami will offer arenas what he's asking for which is max contract? or they will offer him at least 15 million a year? i dont think so!
jay-ar
Auburn , WA
Total Comments (4)
thats 15+17+15+8 ===== 55million... four players for the CAP? i dont think so again... who else is under contract... there is no way they can get arenas except on sign and trade with the number 2 pick + players..
jay-ar
Auburn , WA
Total Comments (4)
Still think the Wizards would be crazy to let this guy. he's a prolific scorer and closer of games that every teams need.
Al_Cheese
Richmond, VA
Total Comments (1451)
He's going to need to back off that number if he wants them to be able to keep Jamison and make other moves to improve.
notbychoice
Total Comments (645)
Dear Ernie Grunfeld,
Please don't pony up 15 mill for 5 years for brokedown Gilbert! He's a less healthy, less tatt'ed up version of AI. either sign and trade him to the heat for the #2 pick to get Beasley or re up Jamison, sign TJ Ford and take the coin you have left and get a #4 who can get 10+ boards, 2 blocks and 8-12 points. If Wiz could offer out to Boozer or Smith from the Hawks w/ Brokedown's salary slot they would be a much better team. Last 2 years proved having a pass first PG is what the wizards need more than Brokedown.
IGotaPointofView
Total Comments (400)
I hate to say this but lets not hope that he's a Sprewell in the making
Ejaculator
Total Comments (203)
he's not spreewell, he's just a little bit stupid...........
- not for opting out- that may or may not be a good move-
jgb
Total Comments (8882)
he wont get the money he is looking for.
he wont end up with any moe then $10mil a year over 5 years
Tuppytim
Total Comments (128)
Gilbert Arenas is good for two things, taking up salary cap space and taking ill-advised shots. If you're goal is winning a championship, Gilbert Arenas is not the player you want.
Rusty Schackleford
Philadelphia, PA
Total Comments (465)
i think he'll get ever bit that he is looking for and the wizards will probably pay it.
Al_Cheese
Richmond, VA
Total Comments (1451)
I am sure he can be a singer if it does not work out...lol. good player but no common sense... hurts a team with his lack of any maturity or common sense. I am sure somebody will take the risk..
drj0514
Total Comments (4471)
I used to really admire this guy but clearly he has made some weird decisions and comments.. he can play if healthy.
drj0514
Total Comments (4471)
Worst time ever to get hurt though. He better be healthy. Last time I remember anyone bringing in a player who "just got healthy" was Orlando with Grant Hill.
I EFFIN RULE
Total Comments (720)
Dude can't get a $120 million contract and expect the Wiz to resign Jamison too. If he takes less, they can resign Jamison and maybe add some frontcourt depth, which is where they are lacking. Do these dudes want to win in the NBA anymore, or just get ridiculous money? Why can't he accept something like a 5 yr- 80 million deal. He would still be making 26 mil a year and they could sign other players.
mdemby
Dallas, TX
Total Comments (23)
I'd love to see the Raptors sign this guy and get rid of TJ Ford.
Sho Nuff
Chatham, ON
Total Comments (182)
Minnesota? No?
hagermatt
Total Comments (265)
mdemby-
I think your #'s are a little off......
jgb
Total Comments (8882)
Dude can't get a $120 million contract and expect the Wiz to resign Jamison too. If he takes less, they can resign Jamison and maybe add some frontcourt depth, which is where they are lacking. Do these dudes want to win in the NBA anymore, or just get ridiculous money? Why can't he accept something like a 5 yr- 80 million deal. He would still be making 26 mil a year and they could sign other players.
mdemby | 06/10/08, 09:51 AM
80 mil / 5yrs = 16 mil/yr
IanSMK
Albany , NY
Total Comments (67)
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