Eastern Rumors: Arenas, Stephenson, Bucks

April 24 at 12:30pm CDT By Chuck Myron

Gilbert Arenas reiterated on SiriusXM NBA Radio today that he’s still holding out hope for an NBA comeback, as USA Today’s Jeff Zillgitt tweets, and that echoes Arenas’ comments from December. The Magic are probably rooting for his return to the league, since that could allow them to use set-off rights to recoup a small portion of the millions they still owe him on his amnestied contract. While we wait to see if Agent Zero, still just 32 years old, makes it back to the Association, here’s more from the Eastern Conference:

  • Sean Deveney of The Sporting News heard from a GM around the beginning of February who expected Lance Stephenson to receive offers with eight-figure annual salaries, but an executive now tells Deveney that the soon-to-be free agent will probably command only $7-8MM a year.
  • Outgoing Bucks owner Herb Kohl borrowed money from the NBA a total of five times in 2009 and 2010 to help keep the team going, reports Rich Kirchen of the Milwaukee Business Journal. Kohl told Kirchen that he’s spent more than $100MM of his own money on the team during his nearly three decades of ownership.
  • Casper Ware‘s multiyear contract with the Sixers extends through 2016/17, but the team only inked Adonis Thomas through the end of 2013/14, according to Mark Deeks of ShamSports (Twitter link).
  • Eric Dawson, who spent preseason with the Hawks this past fall, is headed to play for Heilongjiang Zhaozhou Feng Shen of China’s second-tier league, according to Sportando’s Emiliano Carchia. Dawson has also spent time in the D-League and Iran this season.
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