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Reports: Arenas agrees to six-year, $111M contract to help Wizards' future

Updated: July 7, 2008, 12:20 AM ET
Associated Press

WASHINGTON -- Gilbert Arenas is accepting less money from the Washington Wizards, invoking an attitude far, far removed from the world of his working-class fans.

"What can I do for my family with $127 million that I can't do with $111 million?" he told The Washington Post.

The unpredictable three-time All-Star point guard, in vintage Agent Zero fashion, told the Post and the Washington Times on Thursday that he has agreed to re-sign for $111 million over six years, considerably less ...

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