WASHINGTON, July 13 (UPI) -- Gilbert Arenas has signed a six-year, $111 million contract with the Washington Wizards, the NBA team announced Sunday.
Arenas signed the deal Saturday, upon his return from a tour of Asia and Europe to promote the NBA and Adidas, the team said. The contract virtually assures Arenas will spend his most productive basketball years with the Wizards, The Washington Post said.