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Hungarian world champion and three-time Olympic silver medallist Laszlo Cseh (front) and Zsuzsanna Jakabos swim as they test their new Arena swimming suits in Budapest May 27, 2009. REUTERS/Laszlo Balogh

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    Wizards re-sign All-Star guard Arenas

    WASHINGTON D.C.
    Mon Jul 14, 2008 2:30am EDT
    Washington Wizards guard Gilbert Arenas rests during a free throw break during the second quarter of their NBA game against the Indiana Pacers in Indianapolis October 31, 2007. REUTERS/Brent Smith

    WASHINGTON D.C. (Reuters) - The Washington Wizards have re-signed three-times All-Star guard Gilbert Arenas, the team said on Sunday.

    Sports

    Terms of the contract were not announced but sources said it was worth $111 million over six years.

    "Today is a great day for the Wizards organization," 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.

    Arenas has averaged 22.8 points and 5.5 assists during his seven-year NBA career. He played two seasons with Golden State before joining the Wizards.

    (Reporting by Steve Ginsburg; Editing by Greg Stutchbury)
    Sports


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