“[The idea] came up a couple weeks ago and we gradually worked towards it,” Wallace said on The Chris Vernon Show.
Host Chris Vernon pressed Wallace about the issue, and the GM caved.
“I’m going to admit this, I’m going to come clean. I’ll be honest about it, okay? … I’m in the office of [President of Business Operations] Greg Campbell, he says, ‘You outta read this thing that’s on a blog today.’ And I don’t read the blogs, but this guy wrote this case for Gilbert Arenas, and I read the thing and said ‘Greg, you know something? This guy makes some sense.’
“I thought about it and said, you know, we gotta look into it a little further.
“So I called his agent up. I’m willing to admit it — I pride myself on being open-minded — and you look at the finances involved, and the group of players involved, and why not?”
Wallace said he didn’t even know what blog it was or who wrote the post. The honesty from Wallace gave Vernon a hearty laugh, but the GM justified the move.
“I don’t see this as a gamble. It’s a very nominal investment, and he has every incentive to make this work,” Wallace said of Arenas.