Eurosport - Mon, 14 Jul 08:47:00 2008
The Washington Wizards have re-signed three-times All-Star guard Gilbert Arenas.
Terms of the contract were not announced but sources said it was worth $111 million (£56 million) over six years.
"Today is a great day for the Wizards organisation," Wizards President Ernie Grunfeld said in a statement. "Gilbert is a phenomenal player and his value to the franchise goes beyond what he brings to the court."
Arenas averaged 19.4 points and 5.1 assists in just 13 regular season games last year after undergoing surgery to repair a torn meniscus in his left knee.
The 26-year-old has averaged 25.6 points, 5.6 assists and 4.3 rebounds since joining the Wizards as a free agent in 2003.
During his seven-year NBA career, Arenas has averaged 22.8 points and 5.5 assists. He played two seasons with Golden State before joining the Wizards.
Please login to post a comment
Not already a Yahoo! user ? Sign up to get a free Yahoo! Account