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Solace
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7/1/2008  4:01 PM
That's insane. Locking up Mr. Looney Tunes for $100 million, 6 years. Ouch! I know Washington isn't the most desirable place to play, but come on. This proves that the reality for teams like Washington and Utah (thinking a few years back) is that their goal is to be a perennial second round team, not a true contender.

That's too much for a second-tier star. The person who said it was Allan Houston-like pretty much nailed it.
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gr33d
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7/1/2008  7:42 PM
Posted by TrueBlue:

Rumor has it Warriors have offered Arenas a Max deal? If this is the case the Wiz haven't agreed to a $100mil contract with Arenas.

[Edited by - TrueBlue on 07-01-2008 10:37 AM]

Courtesy of ESPN Insider:

Both the Washington Wizards and Golden State Warriors have offered Gilbert Arenas max deals, according to a source close to the three-time All-Star point guard.
The Wizards early Tuesday morning offered Arenas a six-year $127 million deal, according to the source, and the Warriors offered Arenas five years for $101 million. The Wizards, because Arenas was under contract with them, are permitted to offer six years while other teams can offer only five. -- The Washington Times


According to a source close to Arenas, the three-time all star is mulling the offers but is leaning towards staying with the Wizards and is willing to take less than the maximum if it will help Ernie Grunfeld make other moves he needs to make this summer.
Also, I heard from a very reliable source that the Sacramento Kings contacted Arenas and said they are willing to do "whatever it takes" to land his services even if they have to "trade their entire team." -- The Washington Post


Because of his $35 million deal with Adidas, Gilbert Arenas has flexibility and -- according to a close friend of the guard -- could consider signing for another team for less if it meant having a greater chance at contending for a title more quickly.
But the source added Arenas has not scheduled any visits with other teams and will not consider fielding outside inquiries until any possible scenario that includes a return to the District is ruled out. -- The Washington Times


Gilbert Arenas will soon board a flight to Toronto and then China for a promotional trip he's doing for Adidas. When he lands later today, Arenas is scheduled to have a phone conversation with Wizards' owner Abe Pollin. The subject will be Washington's offer of a lucrative longterm contract. -- The Washington Post

"If you ain't first, you're last" - Ricky Bobby
nyk4ever
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7/2/2008  11:17 AM
ESPN just said that the Warriors have offered Gilbert a 5yr/101mill deal.
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
TrueBlue
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7/3/2008  11:03 PM
Arenas gets 6yrs/$111mil...

http://www.hoopsworld.com/Story.asp?story_id=9357
LMFAO @ the Bio [url]http://en.wikipedia.org/wiki/Stephon_Marbury[/url]
Solace
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7/3/2008  11:14 PM
Posted by TrueBlue:

Arenas gets 6yrs/$111mil...

http://www.hoopsworld.com/Story.asp?story_id=9357

Pretty bad deal. Having your franchise in the hands of him is a little scary, but nonetheless, best of luck to the Wizards and Arenas. I expect them to be a general fixture in the second round, but rarely moving further.
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TMS
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7/4/2008  6:11 AM
i hope they have a good time trying to unload that contract in 3 years.
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
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