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Author Topic: Arenas takes 16 mil less than he was offered & signs with Washington for 111 mil  (Read 401 times)

Now_Im_Not_Banned

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Arenas takes 16 mil less than he was offered & signs with Washington for 111 mil
« on: July 03, 2008, 11:40:30 PM »
Arenas agrees to deal

POSTED 7:02 PM BY Mike Jones

Wizards guard Gilbert Arenas has informed Wizards team president Ernie Grunfeld he will agree to a six-year deal worth $111 million, in his words, giving back roughly $16 million of the max, $127 million deal the team offered him Tuesday morning.

"This is in line with what I've been saying the whole time," Arenas said Thursday evening in a telephone conversation from China. "You see players take max deals and they financially bind their teams. I don't wanna be one of those players and three years down the road your team is strapped and can't do anything about it."

Arenas said Grunfeld is going over the numbers to figure out how exactly the money will be dispersed over the six years and then he will officially come to terms with the team Tuesday when free agents are permitted to sign with teams.

"It's a relief," Arenas said. "It was a burden at the same time. You're 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."

More coming later ...




Damn...I guess Brand is not the only one.
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PLANT

Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111 mil
« Reply #1 on: July 04, 2008, 03:16:39 AM »
Quote from: Now_I_Know on July 03, 2008, 11:40:30 PM
I'm a franchise player and sometimes franchise players need to make franchise decisions."

thanks Gilbert ,you are the man  :P
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ωεεźγ ғ

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Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111
« Reply #2 on: July 04, 2008, 03:27:41 AM »
we need more of this shit in pro sports.
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"THE" MoSav

Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111
« Reply #3 on: July 04, 2008, 03:56:46 AM »
^^real spit
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7even

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Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111
« Reply #4 on: July 04, 2008, 04:38:14 AM »
Arenas and Brand are some real niggas.
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Antonio

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Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111
« Reply #5 on: July 04, 2008, 04:51:32 AM »
Quote from: 7even on July 04, 2008, 04:38:14 AM
Arenas and Brand are some real niggas.
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Chamillitary Click

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Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111
« Reply #6 on: July 04, 2008, 07:35:15 AM »
Quote from: ωεεźγ ғ on July 04, 2008, 03:27:41 AM
we need more of this shit in pro sports.
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Lunatic

Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111
« Reply #7 on: July 04, 2008, 10:30:39 AM »
very nice and smart gesture of him - shows that money aint all he cares bout, he wants to win as well.
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Tay

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Re: Arenas takes 16 mil less than he was offered & signs with Washington for 111 mil
« Reply #8 on: July 04, 2008, 10:39:53 AM »
The best quote that I saw was something like "What can I do with $125 million that I can't do with $110?" Good for Gilbert, although I wouldn't have minded him coming back to the Warriors, they fucked up major by not keeping him and also trying to surround him with good players.
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