Link.

Then, according to my sources, the Warriors quickly burned the phones and offered former Warrior Gilbert Arenas a maximum-level contract, one that would pay him more than $100 million over five years. My source told me that Gilbert received a flurry of phone calls from the Warriors in the first 30 minutes of free agency.

...

According to a source close to Arenas, the three-time all star is mulling the offers but is leaning towards staying with the Wizards and is willing to take less than the maximum if it will help Grunfeld make other moves he needs to make this summer.

...

Also, I heard from a very reliable source that the Sacramento Kings contacted Arenas and said they are willing to do "whatever it takes" to land his services even if they have to "trade their entire team." Guess the Maloof brothers want to matter again.

Yikes.  The Gilbert Arenas sweepstakes has begun.  There is a lot more interest in his services than any of us could have predicted.