The Magic have elected to part ways with guard Gilbert Arenas and his horrible contract, per information from the team’s official website:
Teams under the salary cap can now bid to pay a portion of Arenas’ contract. Since signing a 6-year, $111 million contract with the Wizards in 2008, Arenas has been something of a disappointment. When Arenas wasn’t nursing knee injuries he was being suspended for bringing guns into the locker room. Orlando traded Rashard Lewis for Arenas in December 2010 with little to no return on their risk. Arenas only contributed 8.0 ppg while shooting .344 from the field in 49 games with the Magic. Arenas will become the second victim of the newly instated amnesty clause, with Richard Jefferson being the first.
Prior to his knee injuries, Arenas was one of the most explosive scorers in the NBA, averaging 25+ points per game for three straight seasons between 2005-2007. Arenas has career averages of 21.2 ppg, 4.0 rpg and 5.4 apg.
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