Would be weird to see Gilbert play for another team next year. Can't imagine any team giving him the max though

 Gilbert Arenas said he opted out of the final year of his contract with the Washington Wizards by filing the necessary paperwork with the league office Friday. The move makes Arenas, who was scheduled to earn $12.8 million next season, an unrestricted free agent.

 

Wizards President Ernie Grunfeld has repeatedly stated that the team plans to re-sign Arenas and all-star forward Antawn Jamison, who will also be an unrestricted free agent.

 

Arenas has said that he will seek a maximum-level long-term contract, one that could cover up to six years and be worth more than $120 million. However, Arenas has also said that he would be willing to take less if it helps the team retain Jamison and make other moves to improve...

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902435.html