Gilbert Arenas just got paid.

The Washington Wizards re-signed their eccentric guard/blogger to a six-year, $111 million contract.

And that’s after Arenas turned down an additional $16 million.

“(The Wizards) offered me the max, and I’m basically giving back $16 million,” Arenas told the Washington Times from China, where is traveling as part of promotional tour for a shoe company. “This is in line with what I’ve been saying the whole time. You see players take max deals and they financially bind their teams. I don’t wanna be one of those players and three years down the road your team is strapped and can’t do anything about it.”

How generous of you, Gil.

You don’t think nearly $20 million a year is putting the Wizards in an financial bind?

In a matter of a week, Washington has spent $161 million on Arenas and Antawn Jamison, the same duo that hasn’t been able to knock out Cleveland in the first round of the playoffs.

Can someone explain to me what sense that makes?

Fourth time is a charm, Washington.

TAGS: Gilbert Arenas, NBA

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