Memphis Grizzlies to Sign Gilbert Arenas

Memphis Grizzlies to Sign Gilbert Arenas

It was going to be interesting to see who might take a flyer on signing Gilbert Arenas.  There was talk that the Lakers could be if they couldn’t find made a deal for a point guard which they did.

Well, we found a taker — the Memphis Grizzlies.

That’s the word from the Memphis Commercial Appeal with the team set to sign him today for the remainder of the season after passing his physical.  He is set to make $300,000 which is the prorated veteran’s minimum.

All reports say that Arenas had lost weight since last season and was moving much better.  He shot the ball well during his workout and Memphis had to feel comfortable to add him to their team which is currently the five seed in the Western Conference.

The last time we saw Arenas in the NBA was last season with the Orlando Magic where he was simply awful.  He was out of shape and slow, dealing with his bad knees.  The Magic took a gamble, trading for him in hopes to get the old Agent Zero.  Instead, they got a player that looked old and added zero.  And as soon as the lockout was over, Orlando quickly used their amnesty clause on him and happy to pay him more than $60 million to stay away.

Arenas is believed to have had the same procedure on his knee that Kobe Bryant had done during the offseason which has done wonders for him.  He really can’t be much worse than last season when he shot just 34.4% from the field.

Memphis is hoping that he can fill the backup role behind Mike Conley.  The team obviously was not comfortable with either Josh Selby or Jeremy Pargo and is willing to try Arenas during the stretch run.

It’s a reasonable gamble considering the money he’s being paid.  But it’s not just whether or not Arenas can contribute on the court.  It’s also whether or not he will be a distraction off it.