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Wizards Insider: June 29, 2008 - July 5, 2008

Happy 4th

Not a whole lot to add to the story I wrote today on Gilbert Arenas agreeing to a six-year deal worth $111 million. One aspect I really didn't get into was how Ernie Grunfeld's strategy paid off. He came big with the max offer and really put Arenas a...

By Ivan Carter  |  July 4, 2008; 3:02 PM ET  |  Permalink  |  Comments (208)
 
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Arenas Agrees to Take Around $16 Million Less

One quote from Gilbert Arenas says it all: "What can I do for my family with $127 million that I can't do with $111 million?" Arenas told me a little while ago that he has agreed to a six-year, $111 million contract. The Wiz had offered the maximum level...

By Ivan Carter  |  July 3, 2008; 7:21 PM ET  |  Permalink  |  Comments (0)
 
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What's next?

Here's the the thing about the Gilbert Arenas contact situation: until he and the Wizards establish some exact figures on that contract, the Wiz won't be able to be active in free agency. A report in today's Boston Globe listed the Wizards are one of several teams interested in...

By Ivan Carter  |  July 2, 2008; 4:13 PM ET  |  Permalink  |  Comments (251)
 
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Offer on the table, it's up to Arenas now

A link to my story that is running tomorrow Notice the quote from the agent at the bottom of the story. That sounds like a pretty good read on what kind of strategy the Wizards brought to this negotiation. Someone with the team made a very similar point in...

By Ivan Carter  |  July 2, 2008; 12:08 AM ET  |  Permalink  |  Comments (219)
 
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Pollin and Arenas chat about contract

Well, Gilbert Arenas spoke with Wizards owner Abe Pollin this morning and said he was assured by Mr. Pollin that he's "his guy and he won't let me leave no matter what." That was a text message so there you go. Still, he hasn't yet officially agreed to a...

By Ivan Carter  |  July 1, 2008; 12:20 PM ET  |  Permalink  |  Comments (234)
 
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Arenas pondering offers, will talk to Abe Pollin

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....

By Ivan Carter  |  July 1, 2008; 8:16 AM ET  |  Permalink  |  Comments (180)
 
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Wiz offer Arenas the max but he may take less

What a crazy night in free agency. First, Baron Davis surprisingly opted out of the final year of his contract that would have payed him $17.8 million this season from the Golden State Warriors. Then, according to my sources, the Warriors quickly burned the phones and offered former Warrior...

By Ivan Carter  |  July 1, 2008; 2:51 AM ET  |  Permalink  |  Comments (49)
 
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Jamison officially signs, Arenas next

I was just on the phone with Antawn Jamison, who not long ago signed a four-year contract extension that will pay him $50 million. "It just came down to the fact that I felt comfortable here and Mr. Pollin expressed that he was going to re-sign me and we...

By Ivan Carter  |  June 30, 2008; 6:31 PM ET  |  Permalink  |  Comments (111)
 
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Jamison close, could be done tonight

Just made some quick calls and was able to confirm that the Wizards are close to reaching an agreement with Antawn Jamison on a four-year deal worth $48 million. The word is that the Wizards really want to get the deal done before midnight tonight when free agency hits...

By Ivan Carter  |  June 30, 2008; 4:42 PM ET  |  Permalink  |  Comments (71)
 
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Meeting JaVale McGee

The Wizards are having a press conference at 2 p.m. today to introduce rookie first-round pick JaVale McGee. I'm looking forward to meeting the young man. A link to the story I wrote today about Gilbert Arenas and free agency which opens tonight at midnight. I can't shed a...

By Ivan Carter  |  June 30, 2008; 12:46 PM ET  |  Permalink  |  Comments (82)
 
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