WASHINGTON (AP) — The Wizards say Gilbert Arenas has opted out of the final year of his contract.
The move had been long expected. Arenas has repeatedly said he would forgo the final year of his six-year, $65 million deal so that he could re-sign with the team for an even larger amount.
Arenas can begin negotiating with any team on July first. While he has expressed a desire to remain with the Wizards, he also has said he won’t return unless the team re-signs Antawn Jamison, who also is set to become a free agent.
Wizards president Ernie Grunfeld has said he wants to re-sign both Arenas and Jamison.
Arenas, a three-time All-Star, missed most of last season after two operations on his left knee. He has averaged 22.8 points, 5.5 assists and 4.2 rebounds in his seven-season NBA career.







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