All-Star Takes Less-Expensive Deal to Help Team Sign Other Players
Posted on Friday, July 04 @ 10:32:35 CDT by Raulken |
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By Ivan Carter On several occasions, Gilbert Arenas has said he would be willing to take less money from the Washington Wizards if it would help owner Abe Pollin and team president Ernie Grunfeld assemble the necessary pieces to win an NBA championship...
Washington Wizards guard Gilbert Arenas, pictured at the Eastern Conference Quarterfinals in April, agreed to a six-year, 111 million dollar contract on Thursday, according to the Washington Times
(AFP/Getty Images/File) Washington Wizards guard Gilbert Arenas agreed to a six-year, 111 million dollar contract on Thursday, according to the Washington Times. The deal, which will keep the star guard with the Wizards until 2014, cannot become official until a league moratorium concludes July 9. Arenas opted out of the final year of his contract earlier this offseason and was offered a six-year, 127 million dollar deal Tuesday - the first day of free agency. According to the Times, Arenas took less money because he did not want to be a burden on the team's salary cap.
Source: Turkish Press
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