Report Says Arenas Has Left His Agent

Washington Wizards guard Gilbert Arenas plans to part ways with longtime agent Dan Fegan , an NBA source confirmed yesterday. A story saying Arenas had left Fegan was first reported on http://www.realgm.com . Fegan negotiated the six-year, $65 million contract that Arenas signed with the Wizards in August 2003.

Arenas declined to comment when reached by phone yesterday. However, a league source close to Arenas said the two-time all-star is in the process of filing paperwork to sever ties with Fegan and planned to wait "at least a year" before selecting new representation.

Arenas, who is entering his sixth season, has three years remaining on his contract but can opt out following the 2007-08 season, unless he and the team agree to an extension next summer. Arenas has expressed a desire to win an NBA title with the Wizards. This summer he said he'd be willing to accept less money from the team if it would help put together a championship-caliber squad.

Also yesterday, the Wizards announced that a 60-by-20 billboard featuring Arenas's likeness will be unveiled this morning on New York Avenue in Northwest Washington.

The Wizards open training camp Tuesday in Richmond and will play eight preseason games before opening the regular season Nov. 1 at Cleveland.

-- Ivan Carter