Envisioning a situation similar to Kevin Garnett and Allen Iverson, Gilbert Arenas said on Tuesday that he would be willing to take a pay cut in order to help the Wizards win.

Just two days ago, the Washington Times reported that Arenas may elect to opt out if the club wasn't contending for a championship.

"I don't want to be like Garnett, getting close like he did a couple of years ago and then seeing his team go backwards," Arenas said. "A.I. went to the Finals that one year and now he's not even making the playoffs. I don't want to be in that position here. I want us to be like Dallas, like San Antonio, places where players want to come play."