Wizards' Gilbert Arenas receives sentence for gun incident

On Friday, Washington Wizards guard Gilbert Arenas received his sentencing for December 2009's gun incident in the locker room. According to the sentence handed out by DC Superior Court Judge Robert E. Morin, Arenas will serve one month in a halfway house, perform 400 hours of community service and pay a $5,000 fine.

The gun incident occurred in the Verizon Center locker room back on December 21. A dispute had arisen between Arenas and teammate Javaris Crittenton over a gambling debt worth just a few hundred dollars. Arenas brought several handguns into the team's locker room, laid them out near Javaris' locker along with a sign that said "PICK 1".

Due to the incident, Arenas was suspended by the league for the entire season to set a strong precedent for this situation. At his sentencing, Arenas apologized and said he wakes up daily wishing this never happened. In another recent pro sports gun incident, NFL star Plaxico Burress of the New York Giants was carrying an illegal firearm in his pants, when the gun went off and shot him in the leg. The NFL wide receiver was sentenced to 2 years in prison due to NY's gun laws. Some people, including the prosecutors in the Arenas case feel he got off lightly, avoiding any major jail time.

Read more about Arenas' sentencing here at ESPN.com

Delonte West arrested for Weapons Charges

Cleveland Cavaliers star Delonte West was just recently arrested in Prince George's County of Maryland area on weapons charges. The NBA guard apparently had a total of three guns on his person and was stopped after cutting off a police officer, while riding a three-wheeler motorcycle (not a tricycle).

According to the Washington Post:

Delonte West, a guard for the Cleveland Cavaliers, was driving a three-wheeled motorcycle north on Interstate 95 near Route 214 in the Largo area when he cut off a Prince George's County police officer, authorities said. The officer pulled him over, and West told the officer that he was carrying a handgun in his waistband.

That prompted the officer to call for backup, and investigators found that West was actually carrying three guns: a Beretta 9mm in his waistband, a Ruger .357 strapped to his leg and a shotgun in a guitar case slung over his back,

The 26 year old West lives in the area and was formerly a high school basketball player there. His charges included speeding and two counts of carrying a handgun. Delonte was released on his own personal recognizance. There's no word on why West had the three weapons or where he was headed with them, but he definitely gives new meaning to the term "shooting guard".

(Story Source: WashingtonPost.com)

Antoine Walker Arrested in Vegas

As Kenny Rogers famously sang, you've got to know when to hold em, know when to fold em...Former NBA star Antoine Walker didn't heed that advice and was arrested in Nevada this past Thursday. The arrest came inside Harrah's casino at Stateline, Nevada. The charges? Walker had attempted to use fake checks and obtain credit he didn't have to the tune of $800,000 from three different Vegas casinos. A deputy on foot patrol was alerted by a Harrah's employee who had seen a TV report about Walker. Walker was arrested at one of the casino bars shortly thereafter.

Originally the former Celtics, Heat and Mavs star was issued a bail of $905,050, later reduced to just over $100,000. Walker is now free on bail but is scheduled to appear in a Las Vegas court on Monday. He had made the trip to Vegas for the American Century Championship celebrity golf tournament at South Lake Tahoe.

Apparently, Michael Jordan and Charles Barkley aren't the only former all-stars who like to gamble. The difference is neither has trouble getting the funds. Then again maybe this will serve as a wake up call and early lesson for any other NBA ballers who want to get into the gambling scene. Keep your money under the mattress, at least until the stock market rebounds.

Mark Cuban wins Court Battle, Rd. 1

Months ago, Dallas Mavericks owner Mark Cuban avoided a loss of $750,000 from stocks, but selling about 600,000 shares, or a 6.3% stake in the company. The Securities and Exchange Commission brought charges against Cuban for insider trading. Today, Cuban is free of the litigation, for now.

On Friday, a federal judge granted a dismissal of the civil lawsuit against Cuban for insider trading in SEC v. Cuban, 08-cv-2050, U.S. District Court, Northern District of Texas (Dallas). The company involved was an Internet search engine company known as "Mamma.com, Inc.". Cuban's lawyers argued on his behalf that Cuban wasn't legally an "insider" of the company.

It's still possible the SEC could refile this case, so stay tuned for more madness from the Blogger Maverick, Cuban...

Read more about Cuban's victory in court here at Bloomberg.com.