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Warriors don't match six-year, $65M deal

WASHINGTON -- Gilbert Arenas officially became a member of
the Washington Wizards on Friday after the deadline passed for the
Golden State Warriors to match his offer sheet.

The Wizards signed Arenas to a six-year, $65 million deal on
July 22. The Warriors had 15 days to match the offer because Arenas
was a restricted free agent, but they couldn't because of salary
cap constraints.

The Warriors have since signed Speedy Claxton to play point
guard.

Arenas was selected as the NBA's Most Improved Player last
season after averaging 18.3 points, 6.3 assists and 4.7 rebounds.
The 21-year-old point guard was a second-round pick by Golden State
in the 2001 draft.