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| Gilbert Arenas has set expecations high as he is targeting a championship with the Wizards, according to the AP. He believes the Wizards are among the five best teams in the NBA when healthy, and he said, "We just have a great group of guys. We’re going to put a banner up there, a championship banner. We’re going to do it for team owner Abe Pollin. This is where I need to be. This is where I need to finish my legacy."
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| Gilbert Arenas decided to mock Richard Jefferson for landing in Milwaukee with the Bucks, according to NBA.com. Arenas said, "HAHAHA! Oh man, now that is funny. When I heard that, I started laughing. Oh man, did I start laughing. You know why? Because every player hates Milwaukee. Nobody wants to live in Milwaukee. I’m sorry, Milwaukee, to come down hard on you, but no one in the NBA wants to play in Milwaukee."
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| Olexsiy Pecherov is nursing a sprained left ankle and is expected to miss Wednesday's summer league game against the Sixers, according to the Washington Post. |
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| According to the Associated Press, Gilbert Arenas has officially signed his six-year, $111 million contract with the Washington Wizards on Sunday. Arenas and the Wizards agreed to the deal July 3, but both sides waited until Arenas returned from an overseas vacation to put ink to paper.
"Today is a great day for the Wizards organization," team president Ernie Grunfeld said. "Gilbert is a phenomenal player and his value to the franchise goes beyond what he brings to the court."
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| Etan Thomas, who underwent open-heart surgery less than a year ago, participated in a full practice on Friday, according to the Washington Post. He reported no issues following the session and is feeling good. |
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| The Utah Jazz report they will not be matching the offer sheet signed by Dee Brown and Washington, allowing the free agent guard to leave and join the Wizards, according to the Washington Post. |
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| The Wizards offically inked first-round draft pick forward JaVale McGee to a contract today, according to the Baltimore Sun. |
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| Gilbert Arenas, who has not been on a basketball court since his team was eliminated from the NBA playoffs in May, won't touch a basketball until August according to ESPN.com. "After the last two seasons, I never really had time to recover. My knee is about 95 percent -- it's got to get stronger."
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| Gilbert Arenas has agreed to a six-year, $111 million contract, this according to the Washington Post. The Wiz offered between $125 to $127 million over six years, but Arenas took less in order to help the Wizards have room to add key pieces over the next few seasons. The deal still has to be finalized once the league releases salary cap and luxury tax numbers next week.
Arenas told the Post, "What can I do for my family with $127 million that I can't do with $111 million?"
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| The New Jersey Nets are targeting Roger Mason Jr in free agency, according to the New York Post. |
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| We have reported that the Washington Wizards are offering free-agent guard Gilbert Arenas a max contract of six years for $127 million. We now are learning that other teams are joining that mix, namely the Golden State Warriors and Sacramento Kings, according to ESPN.com. |
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| Gilbert Arenas will be offered a six-year, $125 million contract by the Washington Wizards, according to Yahoo! Sports. The contract offer was approved by Wizards owner Abe Pollin. |
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