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Many think Zero's a jackass, but I've always liked the guy. Assuming this report is true, I like ...

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Old 07-04-2008, 01:45 PM
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Arenas to re-sign

Many think Zero's a jackass, but I've always liked the guy. Assuming this report is true, I like him even more.

Quote:
WASHINGTON - Gilbert Arenas is accepting less money from the Washington Wizards, invoking an attitude far, far removed from the world of his working-class fans.

“What can I do for my family with $127 million that I can’t do with $111 million?” he told The Washington Post.

The unpredictable three-time All-Star point guard, in vintage Agent Zero fashion, told the Post and the Washington Times on Thursday that he has agreed to re-sign for $111 million over six years, considerably less than the maximum deal he said the Wizards offered him when the free agency period began on Tuesday.

Arenas negotiated the deal from China, where he is traveling as part of promotional tour for a shoe company, and did so without an agent.

“I’m basically giving back $16 million,” Arenas told the Washington Times. “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.”
Though I'm skeptical of his knee and very surprised the Wiz offered him a six year deal, I like what he's doing. The extra $16M would have probably gone to his agent if he had one. Instead, the money offers the team more flexibility to improve.

I'd like to see more players dump their agents...who, like attorneys, I consider to be mostly parasites that screw their own clients for big bucks while contributing little added value.

Arenas reportedly staying with Wizards - NBA - MSNBC.com
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Old 07-04-2008, 02:37 PM
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Re: Arenas to re-sign

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Originally Posted by detteam View Post
Many think Zero's a jackass, but I've always liked the guy. Assuming this report is true, I like him even more.

He's one of my top five favorites too.

Though I'm skeptical of his knee and very surprised the Wiz offered him a six year deal, I like what he's doing. The extra $16M would have probably gone to his agent if he had one. Instead, the money offers the team more flexibility to improve.

I'm wondering about that knee too.

I'd like to see more players dump their agents...who, like attorneys, I consider to be mostly parasites that screw their own clients for big bucks while contributing little added value.

Lots, probably more do than don't, but not all.
See above.
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Old 07-04-2008, 02:54 PM
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Re: Arenas to re-sign

I don't think many players would be able to negotiate contracts in their own best interest. Everything I have seen thus far, is that agents are not co-opted into the NBA hierarchy, but actually push back and push hard for their clients to get the best possible money and/or opportunity.
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Old 07-04-2008, 03:07 PM
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Re: Arenas to re-sign

Entering those types of situations without representation is more often than not like bringing a knife to a gunfight.
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Old 07-04-2008, 09:00 PM
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Re: Arenas to re-sign

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Entering those types of situations without representation is more often than not like bringing a knife to a gunfight.
Did you see V for Vendetta?
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Old 07-05-2008, 03:05 AM
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Re: Arenas to re-sign

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Did you see V for Vendetta?
No, I don't believe so. Is it good?
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Old 07-05-2008, 10:19 AM
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Re: Arenas to re-sign

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Originally Posted by roscoe36 View Post
I don't think many players would be able to negotiate contracts in their own best interest. Everything I have seen thus far, is that agents are not co-opted into the NBA hierarchy, but actually push back and push hard for their clients to get the best possible money and/or opportunity.

I think all players neogiating their first contract should hire agents. When you are an elite player and you plan on staying with your current team I don't think you really need an agent. You basically know how much money the team can offer you. Hire an attorney for a couple thousand bucks to look over the fine print and the terms of the deal and also to make sure everything is on the up and up. Why give an agent millions for something you can basically do yourself with the help of an attorney for a couple of thousand dollars?
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Old 07-05-2008, 10:22 AM
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Re: Arenas to re-sign

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Did you see V for Vendetta?

Very good movie I thought. Not for everyone though. You really have to be into movies that make you think.
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Old 07-05-2008, 10:37 AM
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Re: Arenas to re-sign

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Originally Posted by Winless Wonders View Post
I think all players neogiating their first contract should hire agents. When you are an elite player and you plan on staying with your current team I don't think you really need an agent. You basically know how much money the team can offer you. Hire an attorney for a couple thousand bucks to look over the fine print and the terms of the deal and also to make sure everything is on the up and up. Why give an agent millions for something you can basically do yourself with the help of an attorney for a couple of thousand dollars?
Agreed. Besides, the legal-eez of most contracts is probably identical with only the $ being different.
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Old 07-05-2008, 11:06 AM
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Re: Arenas to re-sign

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No, I don't believe so. Is it good?
I thought it blew chunks.

great agent hibachi story. i hope the can do something in the years to come.
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