HoopsHype Gilbert Arenas rumors

November 20, 2012 Updates

Arenas, perhaps learning from his failed experience in latching on with Guangdong, went along with company policy in Shanghai, however, and proved himself to be in shape in individual workouts and full-team practices. Further helping his cause, Arenas also got a ringing endorsement from Yao’s former teammate and longtime China National Team point guard, Liu Wei, who reportedly is in favor of adding a proven backcourt scorer to play alongside, similar to when the team signed John Lucas III for their 2009-10 semi-finals run. The fact that Arenas, who will collect over US $20 million this season and next from the Orlando Magic after being amnestied in December 2011, was willing to accept a contract within Shanghai’s budget also played a factor in the team’s thinking, according to the source. NiuBBall.com

November 19, 2012 Updates
November 12, 2012 Updates
November 9, 2012 Updates

The Shanghai team has officially reached an agreement with Gilbert Arenas. It is reported that the two sides signed a contract of the 1+1 type. The team will pick up the option for the second year based on Arenas' performance this season. 361 Sport

Our reporter telephoned the vice general manager of Shanghai Basketball Chi Zhang. He said, "One million for Arenas? Who said that? There's still no final confirmation at the present moment. Arenas has already been to two training trials. If we do sign him, it will be for one season." Eastday.com

November 8, 2012 Updates

Stephon Marbury showed the way by taking a detour around Europe and being the first NBA superstar who signed in Chinese CBA. Gilbert Arenas is ready to follow his footsteps. According to sources near the situation the former superstar of Washington Wizards has a deal with Shanghai Sharks after a week of practicing with them. EuroHoops.net

November 7, 2012 Updates
November 5, 2012 Updates
November 1, 2012 Updates

He remains optimistic and views Leandro Barbosa‘s late signing with the Boston Celtics and Eddy Curry signing with Dallas just days before the start of the season as hope that he’ll, too, soon find a new home. “Ultimately, I have to stay ready, which I am, as far as in the gym, and stay positive,” Howard said. “I don’t think my career’s over.” Other notable players still looking for a team: Guards: Derek Fisher, Gilbert Arenas (in talks with Chinese team), Baron Davis, Earl Boykins, Mickael Pietrus, Michael Redd, Maurice Evans, Jason Kapono. Forwards/Centers: Kenyon Martin, Shawne Williams, Quentin Richardson, Bobby Simmons, Bill Walker, Jamario Moon, Renaldo Balkman, Ryan Gomes, Troy Murphy, Josh Powell, Derrick Caracter, Ben Wallace, Greg Oden, Sean Williams, Tony Battie, Mehmet Okur. NBA.com

October 31, 2012 Updates

In an interview with posted this afternoon by Sina Sports, Arenas was quoted saying he is preparing to come to China to play with Guangdong. The piece also states that he is willing to undergo a try-out with the team, although Arenas is not quoted as saying such during the actual interview. Earlier today, on Gilbert Arenas’ recently opened Sina Weibo account, the former All-Star wrote: “Packed and ready to go to China! Can’t wait to meet my coaches and teammates and reunite with my buddy Yi for a Championship run.” This afternoon, he directed a Weibo at Yi Jianlian, saying: “Hey buddy, I’m coming!” NiuBBall.com

Citing an anonymous source, Wojnarowski’s is reporting that whatever verbal agreements were made last week have essentially fallen apart as there are considerable differences over salary. Guangdong is also calling into question Arenas’ physical condition. But, according to a NiuBBall.com source who confirmed Wojnarowski’s report, there’s another issue as well: Guangdong’s insistence that Arenas has an in-China try-out before any contract is made official. With question marks not only over Arenas’ health, but his ability to adapt to China life altogether, Guangdong management is remaining leery at handing over large amounts of guaranteed money without first knowing exactly what they’re paying for. NiuBBall.com

Gilbert Arenas: Packed and ready to go to China! Can't wait to meet my coaches and teammates and reunite with my buddy Yi for a Championship run. Weibo

Arenas and Guangdong reached a verbal agreement, but have now hit an impasse over completing a signed contract. The snags may ultimately keep Arenas from joining Guangdong for the upcoming CBA season, sources said. Guangdong and Arenas have had disagreements over a payment schedule, and the organization has started to have increasing questions over Arenas' fitness to make an impact in the league. Yahoo! Sports

Guangdong is actively searching for a free-agent NBA guard to sign as a replacement for Arenas, sources said. Guangdong's roster includes former NBA lottery pick, Yi Jianlian. Arenas has considered getting on a flight to China on Tuesday or Wednesday, but is currently in Los Angeles. Yahoo! Sports

October 25, 2012 Updates

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.