The Washington Post has confirmed the story broken by RealGM's Christopher Reina that Wizards guard Gilbert Arenas plans to part ways with longtime agent Dan Fegan.

Arenas declined to comment when reached by phone yesterday. However, a league source close to Arenas said the two-time all-star is in the process of filing paperwork to sever ties with Fegan and planned to wait "at least a year" before selecting new representation.