Tom Knott: For Arenas, great deal means great responsibility

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By Tom Knott

Gilbert Arenas promised to hang an NBA championship banner in the seasons ahead during his get-together with the local press Tuesday.

That promise came to $111 million, a genuine bargain by NBA standards if the championship comes to pass on Abe Pollin's Fun Street.

Arenas has not demonstrated he is made of championship stuff. He merely has shown he is a high-scoring guard with a magnetic disposition.

He has considerable room to grow before he gets where he wants to be, starting with embracing the basketball tenets espoused by Eddie Jordan, the coach who sometimes is the last to know the plans of the mercurial Los Angeles native.

Arenas was seated at a table with owner Abe Pollin to his right and Ernie Grunfeld and Jordan to his left, the group aligned as one.

And they were on a day that highlighted the re-signing of Arenas.

It was a good day for the franchise, as good days in July are defined in the NBA.

Grunfeld was able to keep both Arenas and Antawn Jamison and preserve the team's continuity, which is considered essential in the NBA.

The one-season rise of the Celtics suggests that continuity sometimes can be an overstated element.

Arenas also promised to tone down his "foolishness," without being specific.